23 May, 2024
2 mins read

Federal Student Loan Payment Pause Nearing Its End: Important Details for Sept. 1

Starting next month, the federal government will once again begin collecting payments and interest on outstanding federal student loans, after a three and a half year pause during which no payments were required. As a result of the COVID-19 epidemic, the federal government declared in March of 2020 that student loan payments and interest accrual […]

2 mins read

Paying Off $37,338 in Student Loans with 3 Smart  Strategies

Millions of Americans are obligated to make monthly payments on their student loans. And these payments can impede numerous objectives. The typical balance on federal student loans this year is $37,348. And if you have a debt balance in this range, the prospect of paying it off may seem daunting. However, this is how you […]

2 mins read

Student Loan Payment Restart: Implications for the Economy in 4 Aspects

After over three years of interest-free deferment on federal student loans, millions of Americans will soon be required to make monthly payments. The effects may spread throughout the economy. Currently, federal student loan debt stands at $1.6 trillion, based on data from the New York Fed’s first quarter Household Debt and Credit Report.  This will […]