{"id":53,"date":"2025-10-10T15:13:06","date_gmt":"2025-10-10T15:13:06","guid":{"rendered":"https:\/\/jampaka.com\/en\/?p=53"},"modified":"2025-10-10T15:13:06","modified_gmt":"2025-10-10T15:13:06","slug":"getting-help-with-student-loan-debt-relief","status":"publish","type":"post","link":"https:\/\/jampaka.com\/en\/getting-help-with-student-loan-debt-relief\/","title":{"rendered":"Getting Help with Student Loan Debt Relief: 7 Things You Can Do"},"content":{"rendered":"\n

According to Federal Student Aid, current interest rates<\/a> of student loans reach to 6.39% for undergraduate and 7.94% for graduate students in 2025. For many borrowers, these rates can feel really tough, especially when dealing with high balances, unexpected expenses, or unstable income. <\/p>\n\n\n\n

Thus, it is important getting help with various options for student loan debt relief to make repayment more manageable.<\/p>\n\n\n\n

Getting Help with Student Loan Debt Relief<\/h2>\n\n\n\n

Below are 7 ways to get help with student loan debt relief.<\/p>\n\n\n\n

1. Stay Connected with Your Student Loan Servicer<\/h3>\n\n\n\n

All federal and private lenders provide access to a student loan servicer. So, if you have any problems, like being unable to repay your debt, you can contact your loan servicer for student loan debt relief. Your servicer can offer professional guidance and help identify the most appropriate solution based on your financial situation. <\/p>\n\n\n\n

2. Temporary Relief Options<\/h3>\n\n\n\n

When repaying a student loan is impossible in the short term, you can request a temporary relief option, such as deferment or forbearance. It is because either of these options can temporarily postpone your payment. <\/p>\n\n\n\n

However, interest will continue to grow during this period, which increases your overall loan balance. In addition, time spent in deferment or forbearance usually doesn\u2019t count toward loan forgiveness, which means it may take longer to qualify for a forgiveness program.<\/p>\n\n\n\n

Also Read : Top Private Student Loan Lenders: Finding the Right Option for You<\/a><\/strong><\/p>\n\n\n\n

3. Try the Income-Driven Repayment Forgiveness Plan<\/h3>\n\n\n\n

Another option you can try is an income-driven repayment forgiveness plan<\/a>. This plan can reduce your loan payments based on a percentage of your income. So, if you have no income, you\u2019ll pay $0 per month. <\/p>\n\n\n\n

Moreover, after 10 to 20 or 25 years of payments, any remaining loan balance will be forgiven. To qualify, you must have eligible federal student loans and recertify your income and family size every year.<\/p>\n\n\n\n

4. Apply for the Public Service Loan Forgiveness (PSLF) Program<\/h3>\n\n\n\n

Getting help with student loan debt relief, you can try the PSLF program<\/a>, because this program can forgive your student loans. However, to qualify, you must work full-time in a public service job and make 120 qualifying monthly payments over 10 years.<\/p>\n\n\n\n

5. Loan Consolidation and Refinancing<\/h3>\n\n\n\n

Loan consolidation allows you to consolidate multiple federal loans into a new one for the purpose of lowering your monthly payment amount. But when you choose a new consolidation on the graduate plan, it may result in more payments, more interest, or the loss of certain borrower benefits.<\/p>\n\n\n\n

Another option is to try private loan refinancing, which can reduce your interest rate. However, it may lose your access to federal protections like forgiveness programs and income-driven plans.<\/p>\n\n\n\n

Also Read : What is a Parent PLUS Loan and How to Apply<\/a><\/strong><\/p>\n\n\n\n

6. Getting Guidance from Student Loan Counselors<\/h3>\n\n\n\n

If you are struggling with your student loans, talking to a certified student loan counselor can make it easier. It is because counselors can help you to review your repayment options, understand programs like Income Driven Repayment (IDR) or Public Service Loan Forgiveness (PSLF), and explain the pros and cons of consolidation or refinancing.<\/p>\n\n\n\n

In addition, some nonprofit credit counseling agencies also can provide personalized advice, budgeting help, and guidance on managing multiple debts. However, some private companies charge high fees or make false promises, so you must make sure that you choose a trusted counselor. <\/p>\n\n\n\n

7. Protecting Yourself from Scams<\/h3>\n\n\n\n

Student loan debt relief scams are a common case, so you need to be cautious. Avoid companies that:<\/p>\n\n\n\n