We can say that the number one question student loan borrowers are asking our Champion Student Success Mentors is: “When will I have to start making payments?” We are powerless to answer this question. Why? Because as of August 16, 2022, the Biden Administration has issued no guidance for borrowers on restarting payments. It’s heartwrenching to know that millions of Americans cannot make an accurate budget through the end of 2022 because no one knows what will happen!
While we wait for answers, here are some helpful articles about managing repayment strategies during the COVID pause.