If you are among those who have been asked to wait out the shutdown on the sidelines or continue reporting to work without pay, you are all too aware of the mounting financial pressures. Mortgage lenders, credit card companies, utility service providers and others have come forward with temporary hardship programs specifically for furloughed workers, but what are the options for student loan borrowers?
There is no one-size-fits-all solution, but the Student Loan Ranger can suggest a few steps for borrowers to take to get through the government shutdown:
- Communicate proactively.
- Review your federal student loan repayment options.
- Consider other repayment options.
Check out our full blog over at the Student Loan Ranger blog for U.S. News!