How To Handle Student Loan Debt? A New Website Provides Resources

Students graduating from college have a few months to savor their accomplishment before worrying about repaying their student loans. But what happens when they have problems making their payments? A new website, Student Loan Borrower Assistance, includes information on repayment options, avoiding and getting out of default, dealing with collections agencies, and much more. The website was created by Deanne Loonin, a staff attorney at the nonprofit National Consumer Law Center. She says “the site describes the rights and obligations of student borrowers in plain language, so that they can understand their options, and stand up for themselves.. In a...

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