Student loan refinancing means taking out a new loan to pay off existing student loans—typically to get a lower interest rate or change your repayment terms. If you have federal or private student loans, refinancing might reduce what you pay each month or over the life of the loan. This category covers how refinancing works, who it might benefit, and what to consider before making the switch.
The articles here answer practical questions: How does refinancing actually change your monthly payment? What's the difference between refinancing federal loans versus private ones? What happens to your credit when you refinance? And what trade-offs should you think through before you commit to a new loan?