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Here’s a quick primer on what the latest payment delay means for borrowers with federal and private student loans, and the best ways to start preparing now to make student loan repayments ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
The interest-free federal student loan payment pause, known as a forbearance, was extended three times after it initially went into effect in March 2020 as a way to help reduce the financial blow ...
The report does note student loan borrowers who deferred their loan payments were able to pay down more of their credit card balances during the pandemic, averaging at a debt reduction of $611.
The delay could mean that federal student borrowers might have to resume payments in January 2023 — when the current repayment pause expires — without the loan forgiveness they applied for.
Student loan servicers are in a tough bind, dealing with reduced staff as they prepare for the unprecedented situation of 44 million borrowers returning to payments later this summer. Student loan ...
Tens of millions of people live with student loan debt. For many, this onus is par for the course of being an American who desires a career -- or, at least, a chance at one. Tips: 7 Financial...
Student loan borrowers now have a bit of breathing room. The Biden administration recently extended the student loan repayment pause to August 31, 2022 from the original deadline set to expire May ...