Sure. Is so sad to know about you are having troubles right now. But the a loan forbearance is an option that allows you to stop making payments for a while, but is better if you find out first if this is the best option for you or if you have the chance to do smaller payments.
Have you considered this possibilities?
No, I have not. But is a good advice.
And what happens if I don't pay the interest on my student loan, by the way?
This might become into a higher amount of money you will need to repay over the life of your loan.
I see, but the problems I am having right now, are because the coronavirus crisis. I have some others economics problems too and they are turning very difficult to handle. Are there any kind of alternative?
Those who have a federal student loan are automatically being placed in an administrative forbearance, which allow them stop making their monthly loan payments.
Oh, that's great to hear. But I can also do smaller payments if I have the chance right?
That's right. They won't be mandatory, but you are free to do them if you can.
Where else I can go if I have more question about this?