Reported 7 days ago
The Biden Administration's one-year grace period for student loan payments is about to end, affecting approximately 6.7 million borrowers who will need to start making monthly payments again. Student loan expert Mark Kantrowitz highlights that borrowers can still opt for forbearance, but cautions that this will lead to continued interest accrual. He advises borrowers to resume payments if possible to avoid escalating debt.
Source: YAHOO