Wow, my wife and I went to Baylor University so we have student loans in the amount of $120k-$140k. The Stafford loans (Federal) have an interest of around 1.9%, while our private loans (Citibank) and my CAL loan (State of Texas) have interest around 5% (which I thought was high!). We are in the process of consolidating, but you can only consolidate federal loans, not private or state loans. Thankfully they will take my private and CAL loans into consideration when figuring out how long to let me pay (I'm guessing it will be 30 years), but I have still been having to pay around $700/month on my loans previous to consolidation. There has got to be a loan company that you can find that will buyout your current loan and give you one at a much better rate because 15% sucks, and sounds like more of a rate you'd expect on a credit card, not on a loan.
