Student loans can be a crucial way to invest in one's future by getting an education, but sometimes life happens, and it can be challenging to keep up with the payments. When a borrower fails to make timely payments, their student loan enters into default, which can have significant consequences on their credit score and future financial prospects. Fortunately, there are programs available to help borrowers get back on track, including rehabilitation and consolidation. In this blog, we'll explore the differences between these two options and what they mean for borrowers.