This Braille publication explores available options on federal student loans so that borrowers can avoid repayment problems and manage and repay their debts. The guide contains information on repayment plans for Perkins loans, Direct Loans, and Federal Family Education Loans. The repayment options discussed include consolidation, deferment, and forbearance. Loan discharge, or cancellation, is described, and what happens in a loan default is explained. Facts a borrower should know and remember are outlined, and some frequently asked questions are answered. (SLD)