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When you have taken several student loans at highest interest rates, it is often advisable that you consolidate all your loans into a single loan by student loan consolidation. This not only helps you in simplifying your payment plans but also lowers your interest rate considerably. There are many online companies which give you new student loan for consolidation, but I always recommend Ed Loan Funding to my friends. Most of my relatives and friends have taken student loan from them and have been happy with their rates and services. Their staff is high efficient and knowledgeable so that even a person with less knowledge in this matter can easily understand their plan and select a plan of their choice.