By Jean Chatzky with Molly Povich Five things an adulthood-bound college graduate need to understand to get off on the right financial foot. Student loan debt in 2019 reached a new high â $1.5 trillion to be exact. As if that figure werenât eye-popping enough, consider that student debt has eclipsed both credit card debt [...]
On March 13, 2020, most federal student loans went into âadministrative forbearanceâ due to uncertainty surrounding the COVID-19 pandemic. During this time, your student loan had its interest rate set to 0% APR and loan payments were paused.1 Well, student loan payments are back. Starting September 1, 2023, interest will kick back in for the [...]
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