"Brace Yourself: Student Loan Payments Set to Resume"

1 min read
Source: USA TODAY
"Brace Yourself: Student Loan Payments Set to Resume"
Photo: USA TODAY
TL;DR Summary

As the end of the student loan payment pause approaches, economists and advocates warn that it could be a jarring experience for tens of millions of people. However, borrowers can still prepare and even apply to see if they can keep their payments as low as they have been: nothing. Borrowers have more debt than they did before the payment pause, and for about 40% of borrowers, the company that handles their payments will be different than before the pause. Borrowers should check their student loan servicer, watch out for scammers, and consider income-driven repayment plans.

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