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Student Loan Deferment

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College students who graduated in june hit the six-month automatic deferment
Votes:30 Comments:0
College students who graduated in june hit the six-month automatic deferment on student loans this month, but many are still unemployed. and with national unemployment rates reaching up to ten percent READ MORE
http://www.ksnt.com/news/local/story/Repaying-Student-Loans/VqlKqsyErE...

More borrowers delay paying off their debt in sour job market
Votes:7 Comments:0
Loans squeezing college grads More borrowers delay paying off their debt in sour job market Marisa Schultz / The Detroit News Warren -- Ryan Jerome borrowed nearly $46,000 to earn an ITT Technica READ MORE
http://www.detnews.com/article/20090429/SCHOOLS/904290331/1026/Loans-s...
Deferment is a temporary suspension of loan payments for specific situations such as re-enrollment in school, unemployment, military service or economic hardship. You don't have to pay interest on the loan if you have a subsidized federal loan; if it's unsubsidized, you are responsible for interest payments. An economic hardship deferment can last for up to three years.
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