Education loan repayment if you did not get job after graduation?

Graduating without a job lined up can be stressful, especially when you have an education loan to repay. In this video, we dive deep into what happens to your education loan if you don't secure a job after graduation. We cover important aspects such as:

Grace Period: Understanding the time frame before you need to start making payments.

Deferment Options: How to apply for and benefit from deferment to postpone your loan payments.

Forbearance: Learn about forbearance and how it can temporarily reduce or pause your loan payments during financial hardships.

Income-Driven Repayment Plans: Explore how these plans can adjust your monthly payments based on your income.

Loan Forgiveness Programs: Check if you qualify for any loan forgiveness programs that could alleviate your debt.

Communication with Your Lender: The importance of staying in touch with your lender and discussing your financial situation.

Financial Planning Tips: Advice on managing your finances and exploring alternative income sources while you search for a job.

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