If you recently graduated from a four-year institution, or will soon, you may be thinking about that debt you’ve been accumulating. With a combination of subsidized and unsubsidized federal loans, plus any private loans you took out, navigating the repayment terms and interest rates can be exceptionally complicated. To avoid missing payments or paying a higher interest rate than you need to, you might consider consolidating your debt into a single manageable payment at an affordable rate. Read on to learn more about how debt consolidation works and discover if a consolidation loan is right for you.