In addition to the guidance for managing debt, there are special considerations for managing student loan debt.

Ideas for Action

1. Understand what kind of student loans they have and their repayment status.

Staff can help families research what types of loans they have and what their repayment status is.

Start the Conversation

• “Tell me more about your student loans.”
• “How much of a priority is paying off your student loans?”

• Repaying Student Loans (worksheet)

2. Explore payment plan options.

Staff can support families in learning about student loan repayment options.

Start the Conversation

• "What are the possible options that you’re aware of for repaying your loans?”
• “Would you like me to share an option I know of?”

• Loan Simulator (interactive tool)

3. Explore deferment or forbearance options.

Staff can help families learn about options to defer student loans. Staff can support families in applying for programs they are eligible for.

• Get Temporary Relief: Deferment and Forbearance (information)

4. Learn about loan forgiveness options.

Staff can help families learn about forgiveness and cancellation options. Staff can support families apply for programs they are eligible for.

• Student Loan Forgiveness (information)

Learn More with These Resources

• Manage and Repay Student Loans (resource collection)
• Manage Loans (guide)

Last Updated: September 7, 2023