Deferment vs. Forbearance for Student Loans: Which Should You Use?

June 12, 2026 – In a Credible article about the difference between student loan deferment and forbearance, Stacey MacPhetres, senior director of education finance at Bright Horizons, shares insights on the topic.

“Borrowers initiate the process and make requests from their loan servicers for specific deferments or forbearances, but they don't necessarily always receive what they requested,” says Stacey MacPhetres, senior director of education finance for EdAssist by Bright Horizons.

If your situation doesn't qualify for deferment, explore forbearance.

“It can be a good option for those who don't qualify for deferment but face temporary financial challenges,” MacPhetres says. Borrowers should understand the differences so they can provide the appropriate documentation for the type of loan pause they're requesting.

Read the full article here.