What's Going On With Student Loans?
Death, Sex & Money
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Is Forbearance a Last Resort?
Forbearance should only be used if it's the difference between an if you don't take the forbearanceyou're going to default on your loans. The services that work for the department of education don't earn any of the interest they get. Sometimes it's a miscommunication, sometimes it's because forbearance is easier, operationally to put on an account than processing an income driven repayment plan. Another reason servicers have been accused of doing this is because it's a shorter phone call.
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