What are the repayment options for student loans?

Question

Quizplus · Accepted Answer

All of the repayment options should be considered depending on an individual's financial situation. Deferment and forbearance allow for temporary suspension or reduction of payments, but interest continues to accrue. Student loan consolidation and refinancing can potentially lower interest rates and/or monthly payments, but may not be the best choice for everyone. It is important to research and evaluate all options before deciding on a repayment plan.

What Are the Repayment Options for Student Loans