College debt in America is escalating. Most students today are graduating with not only a degree but also a mountain of debt. Nearly 70% of graduates carry student loans when they leave campus, with an average balance of $30,100 per person, according to the nonprofit Institute for College Access & Success. Its not surprising, then, that many fall behind in repaying their loans, at least for certain stretches of time. (For more, see 4 Signs the College Tuition Debt Bubble Is Growing.)
Solutions to College Debt in America
But students are not entirely alone with this problem; the government has programs that can help you cope. For borrowers with federal student loans, theres help in the form of deferment or forbearance. And dep…
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