If you get into financial trouble after college, and you are having trouble paying your student loans, you may refinance the terms of the pay-back plan.
True. If you are struggling to pay your student loans, you may have the option to refinance the terms of your repayment plan. Refinancing typically involves obtaining a new loan with different terms to replace your existing loan. This can potentially lower your monthly payments or extend the repayment period to make it more manageable. However, it's important to carefully consider the implications and potential consequences before refinancing your student loans.
