As a way of helping to cover the cost of tuition and other school-related expenses, many people turn to student loans and as the time to start paying them back approaches, the reality of what the monthly payment is going to be, often strikes hards.
Most of us have gotten multiple student loans from multiple sources including, the federal government and private institutions. Each of these loans, when left unconsolidated, will have a minimum payment and their own interest rate and will have to be paid monthly once the deferment period is over.
Even though a very good job is waiting at the end of your education, you may find that keeping up the minimum payment on your student loans is going to be a heavy burden, perhaps even too heavy. The options for assistance with student loan debt relief are minimal and refinancing is the best and most widely available option.