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Created with Fabric.js 1.4.5 Student Loan Debt "Repaying those loan is something to think about later"(Elaizabeth Renter) One graduated student has more than $118,000 on student debt and he needed to pay $1,700 every month. This student only has 2 jobsat Home Depot and Walmart so how can he pay those loan back "There is no question that we need better information, better loan counseling, outreachafter people enter repaymentto make sure that borrowers know their " Option He did research on Google, then he found information about"lets borrowers cap their monthlyloan payments depending on how much income they' earning" "Students have the option or defer their interest payment while they are in school. When these payment are referred,the interest capitalized, the loan are grows" "If you can't pay at least your interest, you needto focus on how you'll pay your debt down when you graduate," Higgins said. (Elizabeth Renter) What we can do IBR Program"A federal repayment program that allows borrowers to limit student loan repayment to 10 percent of their discretionaryincome and forgives the remaining balance after 20 years. Also his family could not supporthim to pay $3,000 for every semester, so he took out all loanto finish his college degree.It was hard for him to take full coursewhile working. (Dough-Gabriel, Danielle."An overlooked way to lower monthly student debt payments."Washington Post2 Jan. 2015.Globla Issues in Context. Web. 23 Jan. 2015) (Dough-Gabriel, Danielle."An overlooked way to lower monthly student debt payments."Washington Post2 Jan. 2015.Globla Issues in Context. Web. 23 Jan. 2015) (Dough-Gabriel, Danielle."An overlooked way to lower monthly student debt payments."Washington Post2 Jan. 2015.Globla Issues in Context. Web. 23 Jan. 2015) (Dough-Gabriel, Danielle."An overlooked way to lower monthly student debt payments."Washington Post2 Jan. 2015.Globla Issues in Context. Web. 23 Jan. 2015) Renter, Elizabeth. "How Paying Student Loan Interest in College Pays off"www.money.usnews.com. US News Jan 15. 2015 (Dough-Gabriel, Danielle."An overlooked way to lower monthly student debt payments."Washington Post2 Jan. 2015.Globla Issues in Context. Web. 23 Jan. 2015) (Snider, Susannah "5 Financial Aid, Student Loan Changes to Anicipate in 2015" www. usnews/education.com,US NewsJan 14, 2015. Jan 20,2015) Renter, Elizabeth. "How Paying Student Loan Interest in College Pays off"www.money.usnews.com. US News Jan 15. 2015 "$30,000 per borrower, accordingto the Institute for College Access& Success. On top of that, these Graduates struggle to find work" Renter, Elizabeth. "How Paying Student Loan Interest in College Pays off"www.money.usnews.com. US News Jan 15. 2015 It may not be possible for college student to go to college while working also it depend on their schedule. What did you get from college? knowledgeskillsexperiencesand DEBT A Plus ProgramHigh school student do community serviceand tutor hour, then they can have opportunity to get community college freefor 2 years.(Ms. Prang, counselor department of PCH ) Forgiveness ProgramIf student graduated and work for public service for full time and pay the loan on time, you can askgovernment to cancel those loan.(https://studentaid.ed.gov/repay-loans/)
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