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Should You Refinance Your Student Loans Before Aug. 30?


The debt-ceiling legislation recently signed into law contained one specific provision regarding student loans. The pause on federal student loan repayment obligations, as well as the suspension of interest, is set to finally come to an end on Aug. 30, after more than three years.

With almost $1.8 trillion in outstanding student loan debt in the United States, it's fair to say that resuming student loan payments could be a financial shock for millions of people. So should you refinance to try and save some money before interest and payments kick back in?

Image source: Getty Images.

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Source Fool.com


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