When considering the possibility of consolidating student loans it is best to imagine this hypothetical scenario. Address one small problem at a time, then move on to the next, then wash, rinse and repeat. The same can be said for consolidating student loans.
The term consolidate means to combine a number of things into a single or more coherent whole. when you consolidate student loans you are losing flexibility when paying off your student loans.
By consolidating your loans you might save some interest upfront, but you will in most cases, lose in the long run.
Taking a federally funded student loan that is serviced by approved federal vendors is risky in the sense that you will lose many of the federal perks.
In my opinion, consolidating student loans only makes sense when the implications do not negatively impact your cash flow and if you can lock in at a lower interest rate.
After reading this and analyzing the pros and cons of each side, the choice is ultimately yours if you are considering consolidating student loans.