The government loan is provided to allow the borrower to consolidate many different loans into one single loan. The interest rate for the government loan is generally low, and since most of the borrower’s loans are bound to be high-interest unsecured ones such as credit card debts, the borrower stands to gain immensely. The benefits are not limited to savings on the interest rates, the borrower now has to pay only one single fixed payment every month, free anger management making the process of budgeting that much easier. Another government loan program is the Federal Family Education Loan Program. Under this program the government provides the borrower with a new consolidation loan to pay off the existing loans.