NPR

Student loan payments resume in May. Here are 7 ways to prepare

First things first: Get acquainted (or reacquainted) with your loans. And don't count on blanket loan forgiveness.
Source: Janice Chang for NPR

A little more than three months. That's how much time is left before about 41 million federal student loan borrowers have to start making loan payments again.

The federal government froze student loan payments at the beginning of the pandemic, and it's extended that freeze several times since, most recently right before Christmas.

The U.S. Education Department has said payments will resume on May 1. What should borrowers be doing to prepare? Betsy Mayotte has some ideas. She's

You’re reading a preview, subscribe to read more.

More from NPR

NPR4 min readAmerican Government
White House Cites Executive Privilege Over Tapes Of Special Counsel's Biden Interview
House Republicans want to hold the attorney general in contempt over the department's refusal to hand over an audio recording of a special counsel's interview with the president.
NPR1 min read
'Wait Wait' for May 18, 2024: With Not My Job guest Maya Hawke
Maya Hawke broke out in 2019, with a role in Stranger Things and her first single. Now, she's got a new album and a new movie in the same month, but can she answer our questions about birdwatchers?
NPR4 min read
Dabney Coleman, Who Starred In '9 To 5' And 'Tootsie', Dies At 92
Dabney Coleman, the mustachioed character actor who specialized in smarmy villains like the chauvinist boss in "9 to 5" and the nasty TV director in "Tootsie," has died.

Related Books & Audiobooks