If you are still struggling to secure financing for your education, there are several crucial steps you can take to manage your student loans effectively. Here are six key moves to make now:

1. **Understand Your Loans**: Familiarize yourself with the types of federal loans you have and the repayment plans available. This will help you make informed decisions about navigating your loans.

2. **Explore Income-Driven Repayment (IDR) Plans**: IDR plans base your monthly payment on your income and family size, offering flexible repayment options. These plans can lead to forgiveness after a certain number of payments.

3. **Check for Forgiveness Eligibility**: The Biden administration has canceled $7.7 billion in student debt for 160,500 borrowers. Public servants, teachers, law enforcement officers, and those with certain repayment programs may qualify for forgiveness.

4. **Avoid Scams**: Be cautious of third-party debt relief scammers. Always verify any communication about your loans and do not share sensitive information.

5. **Set Up Direct Debit**: Enrolling in direct debit (autopay) can lower your interest rate by 0.25% and ensure timely payments. This can save you money and time.

6. **Seek Free Help**: Utilize free resources such as credit counseling nonprofits. These organizations can help you create a plan to manage your debt and avoid costly mistakes.

By taking these steps, you can better manage your student loans and potentially reduce your debt burden.