My friends student loan is at a 8% interest rate. Seems high for a student loan. Can he move it to Sallie Mae?

Answer 1

Sallie Mae or any of the other numerous loan consolidators. It doesn't really matter who he picks, because every 6 months or so, he will receive a letter in the mail stating that his loans have been bought by another consolidator (who either merged with or took over the previous one), so it never really matters.