What to Do if You’re Having Trouble Paying Your Student Loans

We’ve all heard it said that student loans cannot be discharged in bankruptcy, so what do you do if your financial situation is a wreck – or if you’re unemployed – and simply don’t have the money to repay? There actually are a couple of ways to manage the situation even if the bankruptcy option doesn’t exist.

One comes in the form of a government program, and the other is a matter of financial guerrilla warfare.

Income-Based Repayment Plans (IBRs)

If you’re having trouble paying your student loa...