Few students can get through their entire college education without having to take out at least one Oklahoma student loan. Unless a student qualifies for a large amount of scholarship and grant money, the cost of education is often too high to rely on your income to pay for it all. When you take out this loan, though, you often feel confident in your ability to pay it back after college because you will be able to get a good job with your degree. The Poor Economy Unfortunately, because the economy is poor, it has become difficult to find jobs, especially in certain fields that have been greatly impacted by a weak economy. This means many students are graduating with degrees that end up being useless because they can’t find jobs in their chosen field. However, when it comes to your student loan, the lender won’t care you didn’t get the great job you were planning on. They want their money. Federal Programs The government understands some people may have difficulty paying back an Oklahoma student loan as promised. Because of this, they designed programs that will help those who can’t make the payments get back on their feet again. From student loan consolidations and income-based repayment programs to student loan forgiveness, students can turn to the government for help in some situations to help bring payments down. Ask Questions Not everyone will qualify for all the programs available. This is why it is so important to reach out and ask questions. You won’t know whether you qualify unless you ask questions. If you can find a company that specializes in these loan assistance programs, you should be able to make an appointment for a consultation so you can learn more about the options you have. Don’t be embarrassed about your financial situation. There are many others in the same situation. No one can get the help they need unless they ask for it. The dreams college students have when they take out an Oklahoma student loan don’t always turn out as they hope. With the poor economy and the loss of jobs, it is difficult for some people, including college graduates, to find jobs in their chosen field. When this happens, paying back a student loan can be extremely difficult. With the help of federal programs, though, some people will be able to find the financial relief they need. Visit Collegeloanz.org and find out all you need to know about student loan forgiveness.