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After exhausting all of my Deferment and Forbearance options on my loans, I have applied for IBR. Once IBR goes through and payments begin, if my income changes and I experience hardship, will there be any other Deferment and Forbearance options?
Deferments are available under certain circumstances, for example when a borrower is in school at least half time. Economic hardship and unemployment deferments have a 3 year time limit. But it’s possible that some deferment conditions that might not apply now could apply later.
There are two kinds of forbearance: mandatory and discretionary. There is more about that here: http://studentaid.ed.gov/repay-loans/deferment-forbearance
But remember - if income goes down, payments under IBR go down too, and can be as low as zero.