 TITLE: Should I Refinance or Consolidate My Student Loans? CONTENT: Final Considerations Before You Decide\n--------------------------------------\nThere are currently some special considerations to make before you refinance federal student loans.\nThe first is that federal student loan payments are paused until at least September 30, 2021. During that time, no interest will accrue and there's a moratorium on collection attempts for people in default. If you have eligible federal loans, refinancing now may not be in your best interest.\nSecond, the Biden administration is considering forgiving $10,000 or more in student loan debt for federal borrowers. While it's still unclear if and when this will happen, and what the eligibility requirements will be, the benefits of refinancing pale in comparison to that prospect.\nSo if you're thinking about refinancing, consider holding off until there's more clarity about the future of federal student loans. END