I was extremely annoyed after graduating and consolidating my loans. After a lot of pressure from the financial aid department about consolidating being a good idea, once it was all said and done they just picked the highest interest rate of all the consolidated loans and applied it to the new one. I guess I should have seen that coming but it was a surprise after it felt like the financial aid dept touting it as a good thing.<p>However, I never had trouble regarding the loans being sold to different services. I had mine switch three times and got multiple emails and physical letters. It was a little shocking the first time I logged into my account and my loan was &quot;paid off&quot;, but it quickly became apparent what had happened.