What Borrowers Need to Know About the Return of Federal Student Loan Repayments and the SAVE Plan

"It's been three years since Americans have had to pay federal student loans. But, the pandemic pause is ending. Those loans started accruing interest again as of Sept. 1. Payments resume next month," KCRA reports.

... "Karen McCarthy, of the National Association of Student Financial Aid Administrators, said planning will be key."

"'A lot of Americans have changed jobs. All of the loans go back into effect at the same time,' McCarthy said."

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: 9/4/2023

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