Having trouble making payments for students loans? You have opti - WGEM.com: Quincy News, Weather, Sports, and Radio

Having trouble making payments for students loans? You have options


It's that time of year again for recent college graduates to start having to repay student loans.

In particular are students who just graduated in December. 

Quincy University Financial Aid Counselor Kristen Johnson says payments kick in six months after graduation. For many students still looking for a job, making those payments could be difficult.

But before you start taking out another loan to pay off your student loan, talk with your loan company first.

"There are different payment plans such as income contingent, income based, there's just different types of payment plans," Johnson said. Or you can go with a standard. Or there's a graduated re-payment plan where the payments might be lower now but in 10 years from now they could be higher."

Johnson says you can also ask to defer your loan, which could give you as much as three years extra time to pay it off.

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