What Should You Do If You Can’t Afford Your Student Loan Payments?

can't make your student loan payment

“Go to college” they said. “Get a degree in something” they said. “Then you’ll find a great job and prosper. Unfortunately, they said nothing about how much is too much when it comes to student loan borrowing. Oh, and they failed to mention the highly competitive job market….So now you’re stuck with a mediocre job and can’t afford your student loan payments…

You’re in a mess, but you don’t want to do something stupid that puts you in an even bigger hole. So what are your options? What should you do if you can’t afford your student loan payments?

What Should You Do If You Can’t Afford Your Student Loan Payments?

First of all, you’re not alone in this. Out of 5 million student loan borrowers that entered the workforce in 2014, nearly 600,000 of them have already defaulted on their loans – that’s over 11%!

The key here isn’t . . . → Read More: What Should You Do If You Can’t Afford Your Student Loan Payments?