student loan protections

Student loan protections are policies that help borrowers manage repayment hardships. They include options like income-driven repayment plans, which adjust monthly payments based on income; deferment and forbearance, allowing temporary pause or reduction of payments during financial difficulty; and loan forgiveness, where some or remaining debt may be canceled after certain conditions are met. Additionally, borrowers can access borrower’s defense, which provides relief if their school deceived them. These protections aim to make repayment more manageable, prevent defaults, and support borrowers facing unforeseen challenges, ensuring they aren't overwhelmed by debt.