[bartmk]

Hello everybody, this is my first post to the forum. So here's my situation. I have both private loans (through the state of Alaska) and a smaller federal loan (about $7,300) that total about $60,000. when I graduated in 2007 I consolidated the loans together through the AlaskaAdvantage Program at an interest rate of 6.5% over a 15 year term. My monthly payments are $563.34. Now that the economy is tanking, my hours at work are being cut and our bills are piling up. I know that my consolidator offer deferment options but that is a very short term solution to what's going on. My question is: Are there any companies, banks, credit unions, etc out there that will refinance your consolidated student loan the same way you would say refinance your mortgage? It seems like there would be someone out there who could "buy out" your student loan and offer you a longer term or lower interest rate. Any info would be great. Thanks, Bart