The answer is yes according to US News report. One missed payment can drop your score 90 points in some cases. One of the suggestions in the article to help alleviate this, is to make small payments while in THE GRACE PERIOD.
https://loans.usnews.com/how-student-loans-affect-your-credit
While Student loans are generally not dischargeable in a Bankruptcy, some of my clients opt to pay the full amount over a course of 5 years to stop the increasing interest on their student loans. Other clients opt to file a Bankruptcy to alleviate their unsecured debt payments and use those funds to pay down student loan debt.
Either way, it is important to do your research carefully, contact your Student Loan Lender and seek professional guidance for refinancing and Bankruptcy.
