Market Wire , October, 2007 The Student Loan Network announces the addition of another student loan consolidation product to its portfolio of Student Loan products in time for the end of many students' grace periods. The Student Loan Network Private Consolidation Loan is designed to help students refinance private alternative, non-federal education-related debt, and rounds out Student Loan Network's consolidation package, which also includes Federal Student Loan Consolidation. Private student loan consolidation comes at a time when education debt is on the rise; the average debt in the class of 2006 is roughly $21,100, according to Greentree Gazette. Federal loans often don't cover rising tuition expenses, so many students turn to private student loans to make up the difference. When loan repayment begins after graduation, students find themselves with federal and private loan payments. Now, the Student Loan Network can help these students consolidate all of those loans...