She graduated from college $5$ years ago. She borrowed $$7,500$ in federal direct student loans for each of the four years of college for a total of $$30,000$ in federal direct loans. She also received $$15,000$ in Perkins loans, $$10,000$ in a private student loan and worked part$-$time at a retailer to pay for college. Her mother and father guaranteed the $$10,000$ private loan. She is grateful that he finished in $4$ years and didn$$t have to borrow more money because of the financial hardship she faces.

She landed a job working ata political party$$s campaign offices and has been working there for a full $4$ years. She isn$$t making enough money to pay her loans and living expenses. She is now in arrears on all her loans for the $120$ days. She and her parents come to seek your advice.

$1.$ On her federal direct loans, what four repayment strategies could she implement to make payments manageable or affordable? Explain how each of them make the payments more manageable.

$($a$)$

$($b$)$

$($c$)$

$($d$)$

$2.$ Does she qualify for rehabilitation on any of his federal direct loans? Explain.

$3.$ What are the five $(5)$ requirements for the Public Service Loan Forgiveness Program?

$($a$)$

$($b$)$

$($c$)$

$($d$)$

$($e$)$

$4.$ What is one recommendation for her and her parents on the private student loan? Explain.

$5.$ Assuming she brings all his loans current and the other facts remain the same, would she be able to take advantage of the public service loan forgiveness program going forward? Explain.

$6.$ What are $2$ things she can do to lower his Perkins loan payments? Explain.

$($a$)$

$($b$)$