Many if not most college students today need to use student loans in order to pay for school. Unfortunately, circumstances after graduation don't always make repaying student loans an easy process. Fortunately, federal loans can be deferred under several circumstances. You just need to meet the criteria for deferment, and you may be excused from making loan payments for up to three years.
Unemployment
The most common reason borrowers choose to defer student loan payments is unemployment. Without...Read more:5 Reasons to Defer a Federal Student Loan
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