http://www.ed.gov/offices/OSFAP/DirectLoan/index.html The application is simple, the process is quick, you get a fresh start, your credit improves, the guarantors have no control anymore, the IRS has no control..... the Direct Loan program puts the control back in your hands, no matter how messed up your credit is or however negligent you have been with your student loan obligations. The Department of Education will treat you with respect and dignity. No more guarantor bulls***, now you are dealing with a government agency with all the fair play and reasonableness and lack of private sector greed that characterizes the guaranty agencies. I was paying $77 a month to start on a $24,000 debt. After a few months, when I was financially more solvent and had access to more credit, I changed with a simple phone call to the standard repayment which is about $250 a month on what is now about a $17,000 debt. If you are in default on a student loan, please take advantage of this opportunity. It may be hard at first to take the first step but it will be so worth it.