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If you've been diligently paying all of your bills every month, maybe you're reading this article while enjoying a congratulatory glass of wine or a piece of chocolate cake. After all, don't you deserve a reward for all that discipline? 

But hold on ... shouldn't your excellent credit score be worth a little more than a booze or sugar hangover?  So why, exactly, is your lender not showing you some love?

Taking out a Parent PLUS loan for your child is a great way to get them started in the world. But if your child is a well-established adult with a steady income now, it may be time to pass the loan off to them—and a lot of parents make that decision. 

The difficulty is that the federal government doesn't let you transfer the loan to your child's name, and it can be a challenge finding a lender who will do it. CommonBond is one of the few who make it possible.

Going back to school can be a fantastic career booster. In some roles, having a masters degree increases your earning potential by tens of thousands. And certain careers—like being a lawyer or a doctor—simply aren't possible without additional higher education. 

But managing a student debt load while you're in a graduate program can feel a little like running a marathon with a boulder strapped to your ankle. The good news is that deferring your loans is an option for most students, but it won't be the best choice for everyone. 

What is the essential question around refinancing your student loans? It’s probably this:

Is refinancing worth the hassle?

Let us answer your question with a question: how many other ways can you make $20,000 in one hour?

It’s a question most of us ask ourselves at one point or another: “How am I doing financially compared to my peers?” While you can’t necessarily base the health of your finances on your friends' bank statements, it's a natural instinct to want to know how you measure up.

And if you happen to be a Millennial, you know how closely the world is watching you, especially when it comes to your career and finances.

While the process of applying to refinance your student loans isn't particularly time-consuming, you'd probably rather not spend the half hour collecting documents and filling out paperwork if you think your application will be denied. 

One of the best ways to increase your chance of successfully refinancing your student loans is to apply with a cosigner.