If you're unemployed and facing student loan repayment, explore deferment and forbearance options, IDR plans, and budgeting ...

Achieve reports on strategies to reduce student loans, including IDR plans, refinancing, and loan forgiveness options.

If you’re struggling with your student loan payments, contact your loan servicer or lender, as they can help you manage your ...

If you haven’t made federal student loan payments since October 2024, you might default in July or August. Here’s how to get back into good standing ASAP.

5. Look into deferment, forbearance, or employer contributions Deferment and forbearance let you take a temporary break from making payments. Federal loans offer deferment and forbearance options.

President Donald Trump’s newly passed spending bill is set to overhaul the federal student loan system. Among the major ...

2. Forbearance or deferment A forbearance or deferment means your lender has agreed to let you pause or reduce payments for a while. Mortgage forbearance typically lasts for one to six months.

2. Forbearance or deferment A forbearance or deferment means your lender has agreed to let you pause or reduce payments for a while. Mortgage forbearance typically lasts for one to six months.

2. Penalty interest rates Missing payments without a lender’s approval can be more costly than a formal forbearance or deferment. That’s because the lender may charge you a penalty interest rate.