Jeff Mictabor asked: With student loan debt at an all-time high, many college students and their parents are looking for solutions to repaying their student loans and lowering their monthly payments. This especially is crucial for recent graduates who have wrapped up their college education and are looking to land their first job. Many new grads find their college debt staggering and their monthly payments overwhelming.The Federal Student Loan Consolidation Program was created for just this purpose: to help students repay their student loan debt under reasonable terms. According to NextStudent, the Phoenix-based premier education funding company, there is a little-known added benefit to federal student loan consolidation, or combining multiple student loans into one easy-to-manage package. Once original outstanding student loans are paid in full, oftentimes a borrower’s credit score improves.This [+]