By Terry Savage on November 22, 2015 | College Savings / Student Loans

Hi Terry I read the article printed on June 21, 2015. Sounds wonderful! I hope that some day my son will be employed, but what do we do if they dont have a job yet?

His debt is overwhelming and we see no way out as of yet, anything you can recommend to take a look at or talk to?

Terry Says:   There are several programs available for deferment of Federal student loans — although the interest does continue to accrue, increasing the balance that will eventually have to be paid.  Go to to learn about income-based repayment plans, as well as the brand new “repay as you go” plans offered by the Federal government.  If they are private student loans, it’s tougher to refi.  But if you would co-sign (a big responsibility) he might be able to refi those loans to a lower rate at



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