Here's Some Good News for Student Loan Borrowers Who Are Worried About Missing Payments
Millions of student loan borrowers were no doubt hoping to have their debt forgiven as per President Biden's well-intentioned plan. But when the Supreme Court voted down that student loan forgiveness plan at the very end of June, those same borrowers were suddenly faced with the harsh reality that their loan payments would soon resume.
Federal student loan borrowers were given the option to pause their payments during the pandemic given the number of people who were experiencing personal economic hardships. But now, those payments are set to resume this fall, and that's likely to come as a financial shock to a lot of people.
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Source Fool.com
