With the economy at its worst, what are student loan lenders doing about this?

I'm assuming lenders like Sallie Mae should know that the payments are slowly coming in than usual due to the fact that people are getting laid off and jobs are scarce. Now I have $25,000 in student loans. I've gone into deferrment for now since I'm only taking one class right now while I look for a job that I can start saving up to pay off my student loans. I can't keep defering the payments forever!

Asked By: miyoshi82 - 3/23/2009
Best Answer - Chosen by Asker
Miyoshi... More
Answered By: NotAnyoneYouKnow - 3/23/2009
Additional Answers (2)
they are goin to quit loaning, give little credit cards so they can make sure we spend it on food (not $%^ing rimbs qshawn)...and other school stuff..
Answered By: Jack's suppressed potential - 3/23/2009
If you think you deferred payments with Sallie Mae I highly advise you to check up on that again... More
Answered By: J S - 3/24/2009
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