When looking for national student loan relief online you will want to know the owners of the original debt. Did you apply for private loans or were they directly form the Department of Education? Once you know who the loans are with you can begin to determine what programs they might qualify for.

According to the Pew report, students who accumulate $30,000 in student loan debt can expect payments of about $350 per month for a repayment term of 10 years, assuming a fixed 6.8-percent interest rate on the loans -- the standard interest rate for federal unsubsidized Stafford student loans.

If you got a Perkins loan to become a teacher then you can get part of your student loan forgiven by going to work fulltime in a school district that teaches children of low-income families. Your local school board should be able to tell you what school districts in your area qualify as low-income. The longer you teach in a low-income school, the more of your student loan you can have forgiven.

With over $1 trillion in student loan debt, the government should be looking at ways t address the problem rather than quickly passing through a bill to increase profit. The Consumer Financial Protection Bureau has set its sights on education future students who use federal loans. It is important for student s to understand the relief programs which are already set in place to make student loan debt more affordable. This information will help to prevent students from falling into debt problems fresh out of school. When you are 18, a 6 month grace period seems like a great opportunity to get ready to pay the first payment. When graduation comes and the same student now has 4 years of loans to make payments on, 6 months flashes by in a blink of an eye. Student loan programs will help make the transition in to the 'real' world more financially friendly.

There is also a new trend of finishing school in less than 4 years in order to save costs. Take summer courses, evening online courses or doubling up during the semester will help to earn your degree early. Student loan debt is inevitable, might as well fight it right from the get-go in order to save money decades later.

*Deferment Time Renewed - You deferred the loan while looking for a job. Did you know you could renew the deferment if your income still does not support the monthly expense?