student loan repayment option

[Guest guest]

You might also consider consolidating your loan with the federal gov't under the Dept. of Education's consolidation program.  I think the site is dsl.gov. You can consolidate one time, or, if you had additional student loans since consolidating, you can consolidate one (more) time. I got a better interest rate.

I also applied for the income-based repayment program which cut my monthly payment in half. Of course, the interest still accumulates; however, the lower repayment reduced stress for me, and I can also make larger payments when I'm able to.

-- Shoshana AverbachMSW, LMSW, MA, MT-BC, LCAT, Accredited Healerhealingnotes.com