Rising Student Loan Debt and Missed Payments Threaten Borrowers' Financial Stability

1 min read
Source: CNBC
Rising Student Loan Debt and Missed Payments Threaten Borrowers' Financial Stability
Photo: CNBC
TL;DR Summary

Many federal student loan borrowers are unaware of available relief programs like income-based repayment plans and loan forgiveness, leading some to pay more than necessary; increasing awareness and understanding of these options can help borrowers manage and reduce their debt effectively.

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