My loans are held by two places (AES & mygreatlakes (MGL) ). MGL told me that I could use special direct consolidation to bring my AES loans to them and have all of my loans together with a lower interest rate. Then I could get a forbearance/deferment for 6 months and traditionally consolidate at the loanconsolidatio.ed.gov site around October as I originally planned - I graduate law school in June.

Is this a good idea? Seems simple enough but I am always hesitant to change my plans. My original plan was just to do the traditional loan consolidation in late October.

Thoughts?

Thanks for your help Heather.