Advantages and disadvantages to student loan is, without using your student loans will find it difficult to achieve your degree and you have to work very hard for it, and vice versa is a student loan you must pay each month your loan, which can interferes with your financial system if you plan to buy a car or a house or a better place.
With the payment you must set aside as best you should plan your finances better especially when combined you have credit that will result, your credit rating will be lower.
One way for your student loan payment is by direct student loan consolidation. In this way can be a new beginning where you have made or meet your monthly payments and you have to fight for it.
By performing direct student loan consolidation interest rates have a lower about 0.6 percent, so this will reduces your monthly payments, by combining education loans recorded with a new loan. The loan is paid off, so long will your credit score will rise.
Payments are the first choice is the monthly payment within the 10-year fixed mortgage. But the repayment period between 12 to 30 years in accordance with the loan amount that you borrow. The advantage with a long enough time it will give the smaller amount of mortgage but have a total greater.
The second way is by gradual repayments over a period of between 12 to 30 years. Your payment will increase every two years.
The third way you can do is to based on your annual total to set aside your mortgage and can spread up to 25 years.
With a long time, probably the best way is to direct student loan consolidation and payment can be done with a grace period of six months before payment in the beginning.
You decide how to pay according to your best, but certainly with a lower monthly payment you will improve your credit score and you can control your loan