 TITLE: Student Loan Refinancing: What It Is and How to Do It CONTENT: Should You Refinance Your Student Loan?\n---------------------------------------\nWhen deciding whether to refinance a student loan, weigh the potential advantages and drawbacks—primarily whether it will save you enough money to make the process worthwhile. Ask yourself:\n*   What interest rate can you qualify for, and is it lower than your current average rate?\n*   Will you lose access to federal loan benefits you may need in the future? If so, consider refinancing private loans only, or just a portion of your federal loans.\n*   Do you have the means to quickly pay off your loans? You'll save even more money from refinancing if you choose as short a loan term as you can manage. Otherwise, if you extend your loan term, you'll pay more in interest. END