1 The technology is destined for oblivion. 2  The names of the people who lived here long ago have faded into oblivion. 3  His theories have faded into scientific oblivion. 4  Her work was rescued from oblivion when it was rediscovered in the early 1900s.
Student loan consolidation is the process of merging multiple student loans into one new loan with one easy monthly payment, rather than multiple payments each month. Essentially, the new loan pays off your old student loans when you consolidate. Because your old student loans are paid off, the consolidation process is not reversible.
Student Loan Consolidation Scams. The most common student loan scam that has been hitting recent graduates is the student loan consolidation scam. This is a popular scam because many graduates have several student loans, and it sounds appealing to have them consolidated into one single loan and payment.