Survey: Over 4 in 10 Student Loan Borrowers Unsure of Repayment Options

"Over 40% of federal student loan borrowers don’t know if they’re eligible for an income-driven repayment plan, an awareness gap that could create budget turmoil for millions of Americans when payments resume next month," CNET reports.

... "Borrowers should be wary of repayment scams, which target confused consumers and are expected to rise in coming months, according to the National Association of Student Financial Aid Administrators."

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Publication Date: 9/7/2023

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