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You have several options for getting your loan out of default.

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Student loan refinance rates can be as low as 2.43%.

Refinancing to lower rates can save some borrowers upwards of $20,000 over the life of their loan!

Today, the answer to that question is probably yes!

7 out of 10 graduates are now graduating with some form of student loan debt.

With an average balance of $28,400, student debt is a big part of the average college graduate's life.

That being said, not all student loans are created equal.

Your required monthly payment amount is determined by the school where you took out the loan, or by ED if the loan has been assigned to ED’s Default Resolution Group.

For more information on rehabilitating a defaulted Federal Perkins Loan, contact the owner of the loan.

(s) you have or who owns your loan(s), you can get that information from My Federal Student Aid.

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