Here's the situation:
I am married, my wife has huge student loans at high interest rates: $150K total, about $100K at 8%, $50K at 6.8%.
For various reasons, we want to pay it off over time rather than trying to pay it off as soon as possible.
However, the interest rates are brutally high.
I have a moderately high net worth and a high salary. Is there a way that I can take advantage of this to effectively refinance the loans?
I could borrow from some other source, pay off these high-interest loans, and then pay the cheaper loans back over time.
So the question is, what is the best way for someone like me to use my relative financial strength to borrow money more cheaply than the student loans?
Thank you!