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What if you Can’t Pay Your Student Loans?

Jul 12, 2021

The historic CAREs Act has provided relief for Federal Student Loans borrowers since March 2020. With 0% interest rates and deferred payments, many students have enjoyed the benefits. However, with the program set to expire on September 30th, 2021 some students are fearing the worst- what happens if you really can’t pay?




Picking a student loan that meets your needs requires an understanding of some basic concepts. Student Loan Basics empowers you with information to make informed choices to borrow for college and manage the debt after college.

This article explains the important differences between consolidating and refinancing student loans.