Ch 3: Student Loan Repayment

About This Chapter

Use our video lessons to learn what options you have when it comes to repaying student loans. These lessons include advice on making manageable payments and cover forgiveness options.

Student Loan Repayment: Chapter Summary

Given the high cost of attending college, repaying student loans after it's all over can be a daunting task. Our experienced guidance counselors and academic advisors will familiarize you with your repayment options and help you avoid default. This chapter includes:

Calculating your monthly payments

Once you're ready to start repaying your student loans, you'll need to determine your monthly payments. Our video lessons will give you practical advice for calculating how much you should pay every month.

Determining your repayment options

There are a number of repayment plans available, but how do you determine which is right for you? Our qualified counselors take into account factors such as your income and family size and present options that may fit your needs.

Managing your loans

After you begin making loan repayments, you may feel overwhelmed trying to keep track of everything. Let our guidance counselors provide you with strategies for managing your student loans. Stay on top of your payments to avoid default.

Finding student loan forgiveness programs

If at some point you find it impossible to repay your student loans, you may be eligible for loan forgiveness programs. We'll introduce you to a range of options, including the Public Service Loan Forgiveness Program and Teacher Loan Forgiveness Program.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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Other Chapters

Other chapters within the Finding & Applying for Student Loans course

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