I am in the process of refinancing my two Sallie Mae student loans with incredibly high interest rates. One loan is for $35,000 with 11.5% interest rate and the other is for $29,000 with 7.0% interest rate. My question is should I just refinance the 11.5% interest rate loan or should I consolidate the two loans and refinance both? It looks like I will be able to get a new interest rate of 5.07%. By consolidating and refinancing both loans, I would save an additional $1,115 or $19/month. Is it worth consolidating and have a much larger payoff amount to save the extra little bit? I plan to pay off my loans using the snowball method so consolidating would make this method more difficult. Thank you in advance!