Education Headlines

Student loan repayment resurges after 3-year hiatus. How some borrowers are responding.

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

Beginning in October, federal student loan borrowers will need to start making payments for their loans after a more than 3-year long pause due to the pandemic.

The initial pause was initiated by former Pres. Donald Trump in March 2020 when COVID-19 started spreading rapidly. The pause also included interest that accrued on student loans.

Michael Gantt works in the debt industry and doesn’t think that people are financially prepared to resume making payments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Millions of Americans brace for return of student loan payments in OctoberOctober is here which means about 44 million Americans will have to start re-paying their student loan debt.Payments were paused in the pandemic. The Consumer F
Source: komonews - 🏆 272. / 63 Read more »