Student loan debt is one of the most difficult types of debt to shake. Student debt is unique because they can be collected throughout the course of your life; they can even be garnished from your social security. Bankruptcy also won’t discharge student loans, which means they simply cannot be escaped. If you have inescapable student debt, you need to deal with the problem now.

Don’t Let the Problem Get Worse

The second that you feel that your student loans are getting the better of you, you should contact a resolution center. It’s always best if you tackle these issues head on. Otherwise, the issue will only get worse and you’ll get more and more overwhelmed with your back payments and collection calls.

Why Student Loans are Different

Student debt used to be just like any other type of debt. Before 1991, most students would be able to default on student loans and after six years they would be cleared of their debt. Student loan debt could also be declared in bankruptcy. However, changes to federal regulations made this impossible because of the common practice of declaring bankruptcy directly after college and then waiting for credit to be repaired in adulthood. In addition to this, many students were simply waiting out the six years so they could start their adult lives debt free.

Ways to Deal With Student Debt

There are a couple of ways that you can deal with student debt right now. You can create a consolidation, which is a way that you can combine your payments into a single payment that has a lower interest rate and that is easier to pay. You can also attempt rehabilitation. Rehabilitation is a more complex procedure that may take a lot of time to complete but will eventually remove itself from your credit report as though it simply did not occur. Both of these methods are allowed and both of them will allow you a way to get out from your debt.