 TITLE: How to Pay Off Student Loans as a New Graduate CONTENT: 6\\. Refinance Your Loans\n------------------------\nRefinancing student loans involves paying off and replacing your existing student loans with a new one through a private lender.\nIn the right situation, refinancing can help you get a lower interest rate on your loans. You may also be able to get more flexibility with your repayment term. For example, if you can afford a larger payment, you can request a shorter repayment schedule and ensure that you become debt-free sooner.\nThat said, refinancing typically requires a solid credit history and income if you want to get the best terms. In some cases, it might make sense to ask a parent to cosign your student loan application to improve your odds of getting approved with favorable terms. END