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Manage student loans through deferment, forbearance, repayment, consolidation, forgiveness and discharge options. Save with auto-debit discounts, student loan interest deductions and accelerated repayment of high-interest-rate loans.
Student loan debt represents a challenging burden for many college graduates. When borrowers are overwhelmed by their student loans and can't afford the loan payments, there are several solutions that can help them avoid delinquency and default by making their loans more manageable.
There are several flexible options for repaying federal education loans, including student loan consolidation, repayment plans, suspension of payments through deferment or forbearance, and cancellation of debt through forgiveness or discharge.
There are fewer options for repaying private student loans than federal education loans, but there are still several approaches that can make the loan payments affordable, including consolidation, repayment plans, suspension of payments with forbearance, and cancellation of debt with forgiveness.
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