Affording student loans

First, know that you can do all you can to avoid a loan default, rather than ignoring your loans and hoping they will just go away. Contact the services with which you have student loans, and if you have been paying on time for several months, they may give you some extra time to pay your loan. In some cases, you may be able to terminate you loan altogether. You can also consider consolidating your loans. With consolidation, you can lower your monthly payment by extending your repayment period.