After these new regulations go into effect in just a few months, millions of borrowers will start experiencing higher monthly payments on their student loans.
WASHINGTON, DC - FEBRUARY 28: People rally in support of student loan forgiveness in front of the the U.S. Supreme Court on February 28, 2023 in Washington, DC. (Photo by Drew Angerer/Getty Images) ...
It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...