• Standard Repayment – you must pay a scheduled amount on a monthy basis until you repay your debt in full;
• Extended Repayment – you must have $30,000+ in debt, but you have 25 years to repay it;
• Graduated Repayment – your start out with low monthly payments that gradually increase over time—once every 2 years;
• Income-Based Repayment Plan (IBR) – your monthly payment is capped at an amount that is intended to be affordable based on your income and family size;
• Pay As You Earn (PAYE) – your payments are due within 1-3 weeks, or close to your paycheck;
• Revised Pay As You Earn (REPAYE) – you are able to cap your payments at 10% of your discretionary income;
• Deferment – a period of time during which your lender suspends regular payments;
• Forbearance – a temporary postponement of mortgage payments;
• Loan Consolidation – a type of personal loan that can help you combine several high-interest debts into a new (hopefully lower-rate) loan.