"President Joe Biden’s long-awaited announcement on student loan forgiveness and deferment will have a positive financial impact on millions of borrowers. But the credit implications may be harder to understand," Forbes reports. 

... "'I would encourage borrowers to gather information about their loan servicer and become familiar with available repayment plans,' says Karen McCarthy, vice president for public policy and federal relations at the National Association of Student Financial Aid Administrators (NASFAA)."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 8/25/2022