Student loan pause is chance to save money before payments resume – Detroit Free Press
- August 13, 2021
- By: Greenpath Financial Wellness
The Detroit Free Press shares GreenPath’s insights on strategies for resuming student loan payments once relief programs end.
The pause on federal student loan payments was extended until February 2022, most likely the final extension for borrowers. The next few months are a great time for people to save and prepare for the end of payment relief.
GreenPath’s Jeff Arevelo shares ways people can begin preparing their budget now for monthly student loan payments next year.
Although it can be stressful managing student loan debt, working with a nonprofit counselor can be helpful.
GreenPath’s experts can walk you through your options when managing your student loan debt. 91% of people served by GreenPath feel better prepared to handle their finances. Together let’s make a plan for managing your full financial picture to support your goals.