"If you want to consolidate your loans you may face these two options."
Boat Loan
Private Loans - Education Loans
It is important that the loan is applied for before the things have become totally hopeless so the person can bargain for low interest rates.
Every person in the world will feel differently about taking out a college student loan consolidation and many financial institutions recommend using a loan as a last resort if none of your current lenders can increase the repayment period.