"Be careful and choose wisely after you go through lots of research and checking out all the available information."
Home Equity Loan Interest Rates
Private Loans - Education Loans
This means that after your debts have been consolidated you will have to pay only one monthly installment; this installment would usually be a tiny fraction of the amount you would have been paying before the consolidation of your debts.
Remember that the principal benefit of consolidating all of your student loans is to pay the least amount of money.