okay so let's talk about repayment.just like when you borrow money elsewhere you've got to pay that money back evenbankruptcy will not erase your student loan debt the good news is you have some options these vary based on the amount that youcan pay each month and the length of time you want to be payingthe default choice is the standard repayment. this works bysetting a fixed monthly amount that generally has aminimum of fifty dollars
and can last as long as 10 years thelonger the repayment plan the lower the monthly payment however this also means the more interest thatwill accumulate and raise the total cost of the loan
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