First, don't be so sure you will earn $80,000 right out of college. Get the job first, or don't count your eggs until they hatch. If you are still a junior, you have several things to do before purchasing a house. Keep the student loan as is. It is probably a lower interest rate, and maybe you don't have to start paying it back until you graduate. I wonder why you needed a personal loan. Find a calculator on the internet, put in the percentage, loan amount, and the $500.00 you are paying each month. It will tell you how long it will take to pay at that rate. Probably about six to seven years. The 19.9% rate is way to high for a college student with that amount outstanding. But now you have the loan, you need to pay it. Consolidating these loans probably won't make much difference. I would go to consumer counselors and they can help you sort out this mess and educate you on credit so that you may not be in this jam again. (PS I've been there big time for a long time, just paid them off $130,000 in four years. It is very tiresome to keep thinking about money.)