A survey of 750 borrowers shed light on their attitudes toward refinancing student loans. Many borrowers have a mix of federal and private loans with varying balances. Nearly half of those surveyed considered refinancing but did not apply, citing uncertainty and lack of clarity about the process.

Feeling overwhelmed also posed a significant obstacle for many. Further details on the survey's findings are available from the source, including the proportion of borrowers who have considered refinancing and the specific challenges they face in the refinancing process.