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What Should You Do With Your Federal Student Loans When Furloughed?

shutdownYou still need to pay your student loans when you are furloughed or else you risk a default.

But if you are a federal employee, take this opportunity to ask your servicer to recalculate your IDR plan while you’ve got zero income!!  Even if the shutdown ends next week, your zero payment would continue for the remainder of your 12 month plan.

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