Student loan payments were put on pause during the COVID-19 pandemic, but since the government has declared that the public health emergency is officially over, student loan payments restarted earlier this fall. Interest had already started at the beginning of September — meaning that the amount you owed had already begun increasing, even before payments were due.
With many borrowers facing tough financial decisions this holiday season, and some folks making payments for the very first time, it’s important to understand all the options you have available when it comes to your student loans.
For more, here’s how a first-time student loan payer got ready for payments to start.
When did my student loan payments start up again?
Though student loan payments officially resumed on Oct. 1, 2023, your specific payment date is up to your loan servicer, so be sure to know your servicer’s…
