College students who left their campuses in droves as stay-at-home orders rolled in were often met with a whole new financial reality. They had to relocate in a hurry, racking up unexpected travel and moving costs. Their rented apartments, dorm rooms and meal plans are now going unused. They may have lost a job or … Continued
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