Consolidating loans while in school locks in rate, but grace period goes

A recent survey found that college seniors are more worried about debt than terrorism, a finding that probably says more about the size of student loans than the state of homeland security. The numbers tell the story: 45% of the seniors said they expect to graduate with $10,000 or more in student loans. Nearly 21% said they expect to graduate with more than $20,000, according to the Partnership for Public Service.