"After a lengthy pause, federal student loan repayments are set to restart in October. National Association of Student Financial Aid Administrators President and CEO Justin Draeger advises borrowers to start coming up with a repayment plan now, don't wait," Yahoo Finance reports.
"Though, Draeger notes, 'because it is a federal loan program, there's lots of bureaucracy and complexity around it, and it can be difficult to navigate all of the different options and benefits that are available.' Draeger advises people to check out the federal loan calculator on studentaid.gov. Draeger also says students can call their loan servicer or their college or university's financial aid office for help."
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: 9/11/2023