Millions Of Student Loan Borrowers Brace
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13hon MSN
Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.
The 'Big, Beautiful Bill' has been signed into law. It will simplify the repayment options for new borrowers, but could make payments more expensive for some people.
Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest resumes.
As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business imperative.
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