With the grace period on student loan payments expiring, borrowers are now at risk if they fail to make timely payments. Financial experts suggest ways to avoid collection activity and default, offering options such as deferment, forbearance, and income-driven repayment plans.
After the Covid pandemic-era pause on the payments expired in September 2023, the Biden administration offered borrowers another year in which they would be shielded from the impacts of missed payments.
Use this 6-word phrase to avoid stress and be more confident with money, according to a financial therapist
Student Loans Grace Period Default Deferment Forbearance
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