What are my options for repaying a coding bootcamp loan?
You typically have several options for repaying a coding bootcamp loan, including income-driven repayment plans, deferment, and refinancing.
Can you explain income-driven repayment plans?
Sure! Income-driven repayment plans adjust your monthly payments based on your income and family size, making them more manageable.
What happens if I can't make a payment?
If you can't make a payment, it's important to contact your loan servicer immediately. They may offer deferment or forbearance options.
Are there any loan forgiveness programs available?
Yes, some coding bootcamp loans may qualify for forgiveness programs, especially if you work in public service or non-profit sectors.
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