Interest on student loans resume Friday

Millions of student loan borrowers may soon see their student loan balance inching up once again. Now that interest is set to accrue on any federal student loans starting Friday.

The Biden administration doing a two-step approach, giving student loan servicers a chance to start back up. This on the heels of the Supreme Court overturning President Joe Biden's debt cancellation policy earlier this Summer. Borrowers now have new payment options; one plan could lower payments depending on the borrower's income.

Borrowers are charged interest based on the rates that their student loans had more than three years ago.Denelle Confair is an anchor and investigative reporter for KGUN 9. It's been her dream to tell your stories for the past decade. She is extremely curious and wants to continue to use her storytelling for the greater good. Share your story ideas and important issues with Denelle by emailing denelle.confair@kgun9.com or by connecting on Facebook, and Twitter.

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