Tag: federal student loan
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56% of debtors claim they will have to decide between paying down their debt and getting groceries once student loan installments resume
Returning federal student loan payments will have a disastrous impact on debtors’ finances. For the very first time in more than 3 years, interest accruals start up again on September 1. However, based on a recent Credit Karma poll, more than half of borrowers (56%) believe that when the extended forbearance expires, they would be required to…