In today’s economy recent graduates are being faced with piles of student loans and perhaps no income to fund their student loan payments. Unfortunately this is a growing trend we here at StudentLoansForCollege.org are hearing about from our readers. We receive a fair amount of email asking questions about “what to do if you can not make your student loan payments”, and because each individuals student loan circumstances can be different, its difficult to just give one sweeping answer to such student loan related questions.
What we can do is provided you with resources, tools, and information that can help you make the best decision for your own personal student loan circumstances. CBS News recently did a story on this very subject, “If you’re having trouble with student loan payments, you’re hardly alone. Default rates on such debt are skyrocketing as the recession continues to take its toll. But in this column, Early Show money maven Ray Martin spells out numerous possible approaches to copping with the problem.”
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