New Help For Student Loans

Many homeowners who are in trouble with their mortgage or who are looking to modify their payment terms, also may have student loan debt. For many, repayment of student loans are deferred for a time but eventually the deferrment runs out, leaving the borrower with a payment that can be difficult. For some, the end of a deferrment is the straw that breaks the camel’s back, so to speak. The Associated Press is now reporting on a new program that may provide some relief:

NEW YORK (AP) — Repaying a student loan could soon be a little less painful.