Apart from raising teacher pay, we should expand the use
of other strategies to attract talent, such as forgivable tuition loans, service fellowships,
hardship pay for the most - challenging settings (an approach that works well in the
military and the foreign service), and housing and child - care subsidies for teachers, many
of whom can't afford to
live in the communities in which they teach.
Deferment is a period
of time when you are excused by your lender from making payments because
of specific circumstances in your
life like unemployment, economic
hardship, returning to school,
military deployment or serving in the Peace Corps.