Close to 90% of all student loans are federal and qualify for income based repayment. The vast majority of students don’t have any private student loans, so if

Close to 90% of all student loans are federal and qualify for income based repayment. The vast majority of students don’t have any private student loans, so if they can’t find a job they pay nothing. If they make money but not enough, they’ll pay 10% of any income above 1.5x the poverty level. Plus there are very generous forbearance terms if you’re temporarily struggling.