The Never Ending Story Of The Student Loan Crisis

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One of the most popular hashtags in 2015 was #GameofLoans, based on the popular TV series “Game of thrones”.  Most of the students are excited for their graduation but there’s a tinge of worry to it which is the pending student loan repayments. Be mindful about what’s coming up but do not let it stop you from earning the most salary from your degree. Don’t get deceived by some institutions that you could get a job and live happily ever after.

The first repayment is around the corner, just after your grace period which is in most cases a six-month reprieve. How can you get away with all this mess?

A “Get Out Of Jail Free” monopoly board game card.

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Seriously! Here lives and futures of individuals are on stake and this is by no means a joke. There are “Get Out Of Jail Free” options available out there you just have to search for them. There are many forgiveness options available to students that you might not be aware of previously. These would help you in paying off your loans in a simpler and straight forward manner rather than opting for complex payments structures that would ease you out initially but it would come back and bite you in the future.

Where is this “Get Out Of Jail Free” card?

Below is the infographic that would help you in searching for various repayment options and if you want to get your loans forgiven by exercising various loan forgiveness programs.

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Infographic source: Loan Forgiveness, Discharge or the Other

About The Author

Barney Whistance

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Barney Whistance is a passionate Finance, Heavy Machinery and Lifestyle blogger who loves to write about prevailing trends. You can find him using Twitter and LinkedIn.

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