It appears like the federal gov't is largely focusing on federal student loans for any 'forgiveness' or interest rate freezes.
If I had private loans and could get a better rate or lower the payment, I probably would. I'd definitely pay the private loans off before any federal loans though.
(Note - don't have any other details on your situation so making assumptions you're refi to a better loan)
Is there a downside to refinancing private student loans?
Probably not.
It appears like the federal gov't is largely focusing on federal student loans for any 'forgiveness' or interest rate freezes.
If I had private loans and could get a better rate or lower the payment, I probably would. I'd definitely pay the private loans off before any federal loans though.
(Note - don't have any other details on your situation so making assumptions you're refi to a better loan)
Appreciate that brother.
Trying to do my part to help people be better off with the coming economic issues.