What should I do if I can’t repay my student loan?

What should I do if I can’t repay my student loan? Analysis and solutions of hot spots on the entire network in the past 10 days

Recently, "student loan repayment pressure" has become a hot topic on social media. Especially as the graduation season approaches, there have been cases in many places where borrowers are unable to repay their loans on time due to financial difficulties. The following is a structured analysis and response suggestions for this problem.

1. Hotspot data statistics in the past 10 days (as of October 2023)

2. Analysis of the main reasons for repayment difficulties

3. Official solutions and folk wisdom

1.policy measures: China Development Bank recently launchedRepayment grace period extension policy, allowing borrowers to apply for a moratorium on repayments for up to 12 months, with a written application required 30 days in advance.

2.negotiate path:

3.Private response plan: Zhihu’s highly praised answer suggested adopting the “532 repayment method” - 50% basic living expenses + 30% mandatory repayment + 20% emergency reserve. This method has been collected by 32,000 people.

4. Legal Risk Warning

According to the "Credit Reporting Industry Management Regulations", if overdue for more than 90 days, the following will occur:

5. Expert advice

1. Priority guaranteeMinimum payment, to avoid credit damage

2. Contact the local area proactivelyStudent Financial Aid Management CenterGet the latest policy

3. Consider attendingTuition compensation for grassroots employmentand other special plans

Final reminder: Most of the "debt restructuring companies" circulating on the Internet are suspected of fraud, and the problem must be solved through formal channels. Timely communication is the key to resolving debt crises.