Federal student loan borrowers will see payments automatically suspended — without incurring interest on them — for six months, according to a measure included in federal stimulus package released Wednesday. This policy applies only to federal loans, not to private student loans. This option, called a forbearance, will run through Sept. 30. You will be notified … Continued
The first student loan bills are arriving for the Class of 2019. If the grads are able to stick to the standard plan, they’ll make payments every month for the next 10 years and be done with it. But not all borrowers will knock out their loans so quickly. Among federal loan borrowers who began … Continued
When college students paying their own way have a financial hiccup, they have to make hard choices about how to spend their limited funds — and some turn to their food budget to close a gap. Gina Higgins, a mechanical engineering student at North Carolina State University in Raleigh, has paid for school with a … Continued