Go Back To Search Results Question How to consolidate private and federal student loans with a bankruptcy? I have two loans thought Sallimae and one is a federal loan. I want to consolidate into one loan but am having trouble. One company said they could not help because I graduated from Ashford university online. I hope some of you have some suggestions cause I am at a loss. By Posted on 02/02/12 Total Answers 3 Answers- You are going to have to negotiate with the companies you owe the money to because you can't claim student loans on a bankruptcy Answer by : Hockey girl On Date 2012-02-02 14:38:47 Please read this information from Student Aid on the Web (part of the FAFSA web pages from the U.S. Dept. of Education) on discharging/cancelling a higher eduction loan: * http://studentaid.ed.gov/PORTALSWebApp/students/english/discharges.jsp Sallie Mae is a private student lender. You cannot consolidate a private loan with a Federally subsidized loan. I am sorry you did not learn about student loans - and the pitfalls you should avoid - before you took out the private loans. And, I am sorry you fell for the hype from the for-profit university, Ashford, and its online-only program. Librarians--Ask Us, We Answer! Find your local Public Library at: http://www.publiclibraries.com/ Find your College/University Library at: http://lists.webjunction.org/libweb/Academic_main.html Best wishes Answer by : Juanaquena On Date 2012-02-02 14:55:22 You cannot consolidate a private loan with federal loan. You can consolidate all your private loan with a private lender. However you can't consolidate private loan and federal loan with government program Federal Direct Student Loan Program (FDLP) include consolidation loans that allow students to consolidate Stafford Loans, PLUS Loans, and Federal Perkins Loans into one single debt. Answer by : ? On Date 2012-02-04 20:32:26   Go Back To Search Results