The recent debt ceiling deal finally puts an end to the pause on student loan payments and interest that has been in effect for more than three years. However, there's quite a bit of confusion surrounding when student loan payments will actually be due and what borrowers can do to prepare themselves. Here's a quick rundown of some of the important details to know.

As mentioned, the recently passed debt ceiling deal requires the student loan repayment pause to end after Aug. 30. However, this doesn't exactly mean that your payments will start the next day.

Image source: Getty Images.

Continue reading

Source Fool.com