5 steps to prepare for student loan repayment

Valley Central ^ | 8/19/23 | Erin El Issa

[Libloather]

(NerdWallet) – Federal student loan repayment resumes in the coming months - interest begins accruing in September, with payments starting in October - after a 3½-year payment pause. According to a new NerdWallet survey, most federal student loan borrowers (88%) didn’t make payments during the pandemic forbearance. If you’re one of these borrowers, here are five steps to prepare for repayment.

1. Know your details

2. Decide on a payment plan

3. Review your budget

4. Understand the downside of not making payments

5. Set up autopay

[jmacusa]

I'll be damned if I have to pay of some Harvard med schools grads loan!