Millions of Americans begin repaying student loans but ‘game changer’ plan means you could be paying less than before ...Middle East

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Millions of Americans begin repaying student loans but ‘game changer’ plan means you could be paying less than before
MILLIONS of Americans have begun repaying their student loans as of October 1. But President Joe Biden’s “game changer” plan means many face lower repayments than before. GettyStudent loan repayments have recommenced[/caption] Millions of Americans have begun paying back student loans after a three-year hiatus due to the pandemic. National student debt is currently at around $1.7trillion with 43.5million borrowers nationwide, according to the Federal Reserve. The average borrower now faces a monthly payment of $203, Experian data has revealed. Many graduates were previously hoping their loans would be forgiven with Biden’s student loan debt cancellation plan. But this wa

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