While some programs require that people jump through hoops, borrowers only have to meet one of four criteria to qualify for economic hardship deferment on federal loans. (studentloans.net)
The pros and cons of taking out a student loan with a big bank aren't always obvious — especially when it comes to protections like economic hardship deferment and forbearance. (studentloanhero.com)
So, economic hardship deferment refers to gaining deferment in the event of extreme economic issues. (studentloans.net)