More borrowers seek to refinance student loans

FINANCIAL COUNSELOR: Isabel Rodriguez is the director of financial coaching at Capital Good Fund in Providence. She estimates more than half of the company’s clients that are seeking financial counseling have student loans. / PBN PHOTO/MIKE SKORSKI
FINANCIAL COUNSELOR: Isabel Rodriguez is the director of financial coaching at Capital Good Fund in Providence. She estimates more than half of the company’s clients that are seeking financial counseling have student loans. / PBN PHOTO/MIKE SKORSKI

The Federal Reserve interest-rate cuts last year did more than encourage homeowners to refinance their mortgages. It has people who are paying back student loans looking at refinancing that debt, too. If borrowers are still paying high interest rates on their student loans, they should at least investigate the possibility of refinancing, according to personal

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