Multiple Outlets Share Student Loan Repayment Strategies

Managing student loan debt starts with listing all federal and private loans to understand balances and payments. Federal borrowers who are struggling may qualify for income-driven repayment, potentially lowering payments to zero, while private borrowers can contact their lender to ask about assistance. Refinancing may reduce interest costs, but replacing federal loans with private ones can mean losing flexible repayment options and other protections. To limit debt over time, borrow only what is needed and make payments while still in school when possible.