Yes, you could qualify for loan forgiveness on our remaining balance if your loan is not paid in full after 20-25 years.
Is it better to get relief with lower payments through an income-driven repayment plan?
Yes, it might be a better option because your income-driven repayment base your monthly student loan payments on your income and family size and you could have a payment as low as zero each month.
What happens during the deferment or forebearance?