"The bill is coming due for students who took out loans to finance their education. Student loan repayments resume next month, after a three-year pandemic pause. More than 44 million Americans hold $1.7 trillion in student loan debt, and those loans have already started accruing interest," CBS reports.
... "Justin Draeger, from the National Association of Student and Financial Aid Administrators, joined us to go over the options."
"He explained the difference between the standard repayment plan and the SAVE plan and how to determine which is best for you, among other advice."
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: 9/13/2023