Private College Student Loan

What is the interest rate for private student loan consolidation at SallieMae?

http://www.salliemae.com/after_graduation/manage_your_loans/consolidate_student_loans/private/private.htm Their website says the following: Interest rate: Interest rates are variable and reset monthly. Private student loans, not federal loans. I found the answer on their site. It's Prime (8.26% today) plus 0-6% depending on credit worthiness, changing monthly.

Public Comments

1. If you consolidate, it's stays at what the rate is for what it is at the moment of your consolidation. I just did mine and it is about 6.25%, and by consolidating, you lock in your rate. :) Hope it helps!
2. go for a private sallie mae loan. it is easier. the money is sent directly to you rather than the school. www.tuitionanswer.com