No. of Recommendations: 0
What kind of student loans does she have? With Stafford loans and some other federal loans you can get an economic hardship deferment meaning no payments for 12 months up to 3 yrs; you qualify if your monthly payments exceed a certain percentage of your income. As others have pointed out, interest does continue to accrue on the loans, but typical interest rates for student loans are so much lower than credit cards that I would focus debt reduction efforts on paying off credit cards first. . . it's what I'm doing.

My heart goes out to you and your daughter.

Take care,

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