I Need to Get My Student Loans Out of Forbearance?


“Dear Steve,

I need to get my student loans out of forberrence?

What is the best way to consolidate?


Dear Quinton

Forbearance and consolidation are two different things. If your student loans are in forbearance they are on hold, not requiring any payments from you right now. But while they are on hold, interest is still building up and increasing the amount you will have to repay.

Consolidation depends on if you have government back or private student loans. For government backed loans, contact the entity servicing your loans right now. For private student loans, see this previous post, “I’m Drowning in Private Student Loans. – Kathy“.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
Steve Rhode
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