Published 11 months ago

The pause on student loan payments is ending. Can borrowers find room in their budgets?

More than 40 million Americans will have to resume federal student loan payments in late August under the terms of a debt ceiling deal approved by Congress last week.
The pause in repayment during the pandemic has been a lifeline for many borrowers, including recent graduates who have never had to make a loan payment before.
Advocates fear that resuming student loan payments will add a financial burden that younger borrowers can't afford, with many likely to fall behind on their loans at historic rates.

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Associated Press News

Student loan payments start again soon. Supreme Court’s ruling means higher bills for many

After a payment pause that has lasted more than three years, more than 40 million student loan borrowers will be on the hook for payments starting in the fall. Many

11 months ago·United States

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abc News

The pause on student loan payments is ending. Can borrowers find room in their budgets?

After a payment pause that has lasted more than three years, more than 40 million student loan borrowers will be on the hook for payments starting in late August

11 months ago·United States

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KRDO

The pause on student loan payments is ending. Can borrowers find room in their budgets?

By COLLIN BINKLEY AP Education Writer WASHINGTON (AP) — In a good month, Celina Chanthanouvong has about $200 left after rent, groceries and car insurance. That doesn’t factor in her student loans, which have been on hold since the start of the pandemic and are estimated to cost $300 a month. The pause in repayment has been a lifeline keeping the 25-year-old afloat. “I don’t even know where I would begin to budget that money,” said Chanthanouvon…

11 months ago·Colorado Springs, United States

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KIFI

The pause on student loan payments is ending. Can borrowers find room in their budgets?

11 months ago·Idaho Falls, United States

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Winnipeg Free Press

The pause on student loan payments is ending. Can borrowers find room in their budgets?

WASHINGTON (AP) — In a good month, Celina Chanthanouvong has about $200 left after rent, groceries and car insurance. That doesn’t factor in her student loans, which have been on […]

11 months ago·Winnipeg, Canada

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National Post

The pause on student loan payments is ending. Can borrowers find room in their budgets?

WASHINGTON (AP) -- In a good month, Celina Chanthanouvong has about $200 left after rent, groceries and car insurance. That doesn't factor in her student loans, which have been on hold since the start of the pandemic and are estimated to cost $300 a month. The pause in repayment has been a lifeline keeping the 25-year-old afloat.

11 months ago·Canada

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The pause on student loan payments is ending. Can borrowers find room in their budgets?

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Student loan payments start again soon. Supreme Court’s ruling means higher bills for many

Student loan payments start again soon. Supreme Court’s ruling means higher bills for many

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

The pause on student loan payments is ending. Can borrowers find room in their budgets?

Coverage Details

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