Student loan payments are coming back: 5 things to know ...Middle East

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Student loan payments are coming back: 5 things to know
Student loan payments return on Oct. 1 with hope, confusion and fear clouding the restart after a three-year pause.  The Biden administration is hoping to provide some relief to borrowers with a new income-driven repayment plan and an “on-ramp” repayment program, but the on-switch also comes as Congress is struggling to keep the government funded.  A shutdown could hurt student loan servicers already struggling to handle more than 45 million accounts getting turned on at once after a break that began in the early days of the coronavirus pandemic.  Here is what borrowers need to know as student loan payments begin: Borrowers have an 'on-ramp' repayment option While student l

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