You should be preparing for student loan repayments

Tips for avoiding student loan repayment scams

After a three-year pause, student loan borrowers will have to start making payments again in less than a week, but experts warn related scams are on the rise.

You should be preparing for student loan repayments

SIOUX FALLS, S.D. (KELO) – Federal student loan repayments start up again October 1 after a three and a half year pause during the pandemic. Whether you’re resuming payments again or graduated during the pause, some may be confused on what the repayment process will look like.  KELOLAND News spoke with Sara Ramirez, the director at the Lutheran Socials Services Center for Financial Resources, about what people should be doing to prepare for that…

The federal government could shut down just as student loan payments restart. What that means for borrowers

The U.S. federal government could shut down at around the same time student loan payments restart. Here's what borrowers can expect.

Student loan restart: Payments to begin again in five days as federal pause ends

A tassel with 2023 on it rests on a graduation cap as students walk in a procession for Howard University's commencement in Washington, Saturday, May 13, 2023. Alex Brandon/AP Student loan restart: Payments to begin again in five days as federal pause ends Jack Birle September 26, 11:53 AM September 26, 11:53 AM Video Embed The COVID-19-era pause on student loan repayments is ending in five days, as beg…

Student loan payments restart in October

After a three and a half year pause, federal student loan payments are due starting in October.

Borrowers prepare for student loan payments to resume

Student loan repayments start back in less than a week.If you have a loan but havent picked a plan yet, experts suggest you do that sooner rather than later.The first piece of advice from an expert is not to avoid payments resuming and do nothing.However, as one borrower explained, having to think about this payment again will be tough.When you dont have the debt in your mind, you have peace, Johana Lopez said. For a few years, people like Lopez…