Is consolidation the right move? I know it gets asked a lot.

My payments are supposed to jump over 300 dollars a month this summer.

I started college in ‘08 and graduated in ‘12 plus two years of grad school.

68k principal plus 16k interest, my total is $84,788. My loans are all through Dept of Education.

I am all out of deferment months but if I consolidate then I will have 36 more months of deferment I can do.

Is this the right move? I know the interest will become principal but I can’t afford a new bill and I don’t know when I will ever be able to.

Any advice?