Navigating Student Loans and Repayment Plans

This chapter explores the critical aspects of student loan options and protections, detailing the differences between private and federal loans. It emphasizes the benefits of various repayment plans, particularly income-driven repayment (IDR), and warns against pitfalls such as forbearance, which can increase overall debt. Personal anecdotes highlight the complexities of the Public Service Loan Forgiveness (PSLF) program, stressing the importance of borrowers actively monitoring their loan statuses and understanding their options.