I have about $22K in FFEL student loans (14 total loans) with Navient. Interest rates vary, but hold steady 2.06%. Roughly half are variable interest (2.06%) and the other half are fixed around 5-6.55%. Weighted average is 4.03% across all 14 loans. Of course it would have been better to do this a year ago to not pay any interest, but does it make any sense to consolidate in a Direct loan with the US Dept of Ed at this point? My monthly payments are low $180/month. I guess I'd hedge my bet that if Biden decides to cancel $10K in student loans, maybe half will go away!
There's a few unsub loans about $2K-$3K which are 5-6% and I thought about just taking those out, afterwards it would drop my weighted average to about 3%.