Don’t Let Student Loans Bring You Down — Here Are Things You Can Still Do While in Debt

2. Change jobs

Partners meeting in cafe

Don’t be afraid to switch things up. | DragonImages/iStock/Getty Images

Changing jobs is always a bit scary, especially with loans. But that shouldn’t prevent you from taking calculated steps to grow your career.

If you need some relief during your transition, you can get help with federal student loans by applying for an income-driven repayment plan. Although it won’t help you pay your debt off faster, it can help lower your payments for the time being.

And if your new job pays more, you can try to continue living on your old paycheck amount and apply the surplus of the new pay to your student loans. And that higher salary can qualify to refinance your student loans at a lower interest rate.

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