<p>Consolidating the loans can be good if the new loan’s interest rate is comparatively better but another way to handle it is to make the ‘regular’ payment on the lower interest loans and accelerate the payoff of the loan with the highest interest. When that’s paid off then accelerate it for the one with the next highest rate.</p>
<p>The other advantage to paying them off early is a lifestyle one of carrying as little debt through life as is reasonable. It’s a good habit to get into.</p>