December 6, 2023

ACS Debt: Understanding Your Options to Get Out of Debt

Debt can be a significant source of stress in many people’s lives. It can cause anxiety, affect your credit score, and limit your financial options. One of the most common types of debt is student loans, and ACS is one of the largest student loan servicing companies in the United States. In this article, we’ll take a closer look at ACS debt, what it is, and what options you have to get out of debt.

What is ACS Debt?

ACS Education Services, now known as Conduent Education Services, is a loan-servicing company that manages student loans for the U.S. Department of Education. If you have taken out a federal student loan, there is a good chance that ACS is your loan servicer. ACS is responsible for managing your account, processing your payments, and providing customer service throughout the life of your loan.

What Are Your Options for Getting Out of ACS Debt?

If you are struggling to pay off your student loans, there are several options available to you. Here are some of the most common options:


1. Income-Driven Repayment Plans

Income-driven repayment plans are designed to help borrowers who are struggling to make their monthly payments. These plans adjust your monthly payments based on your income and family size, making them more affordable for those who are earning less. There are four income-driven repayment plans available:

  • Income-Based Repayment (IBR)
  • Pay As You Earn (PAYE)
  • Revised Pay As You Earn (REPAYE)
  • Income-Contingent Repayment (ICR)

It’s important to note that while income-driven repayment plans can help make your monthly payments more manageable, they can also extend the life of your loan, resulting in more interest paid over time.

2. Loan Forgiveness Programs

Loan forgiveness programs are another option for those who are struggling to pay off their student loans. These programs forgive some or all of your debt in exchange for certain types of employment or volunteer work. The most well-known loan forgiveness program is the Public Service Loan Forgiveness (PSLF) program, which forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments while working full-time for a qualifying employer.

3. Loan Consolidation

Loan consolidation is the process of combining multiple federal student loans into a single loan. This can simplify the repayment process by giving you a single monthly payment to make. It can also lower your monthly payment by extending the life of your loan. However, it’s important to note that loan consolidation does not lower your interest rate.

4. Deferment or Forbearance

If you are experiencing financial hardship, you may be able to temporarily postpone your payments through deferment or forbearance. During deferment, you can temporarily stop making payments on your loan without accruing interest. Forbearance allows you to temporarily reduce or stop your payments, but interest will continue to accrue on your loan.

How to Get Help with ACS Debt

If you are struggling to make your payments or have questions about your ACS debt, there are resources available to help you. Your loan servicer, whether it’s ACS or another company, should be your first point of contact. They can provide you with information about your repayment options, help you apply for deferment or forbearance, and answer any questions you may have about your loan.

You can also seek help from a credit counselor or financial advisor. These professionals can help you create a budget, develop a repayment plan, and navigate the complex world of student loans.


ACS debt, or any form of student loan debt, can feel overwhelming at times. However, there are options available to help you manage your debt and ultimately pay it off. Income-driven repayment plans, loan forgiveness programs, loan consolidation, and deferment or forbearance are all options to consider. Remember, if you’re struggling to make your payments or have questions about your ACS debt, there are resources available to help you.

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