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2 Things to Know About Student Loan Repayment by Aug. 30


The student loan repayment clock is ticking. Come Aug. 30, millions of borrowers should expect to start shelling out money toward student loan payments again.

If you're like the average borrower, you'll have to make room in your budget for about $337 worth of student loan payments every month. But even if your tab is smaller, it could still end up being a large chunk of your paycheck, which could be a shock to your finances.

Luckily, there are still a couple of months to plan ahead to make sure you aren't caught off guard when payments resume. We've pinned down two things you should know to help you create a solid plan. 

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Source Fool.com


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