Don’t Skip Your First Student Loan Payments

If you have federal student loans, you know that payments are due now after being paused since March of 2020. This has left many Americans scrambling to figure out how they’ll afford loan payments going forward, or even what their student loan payment is.

Fortunately, there are options available for those who think their monthly payment is too high, as well as those who simply cannot afford it. These options include switching repayment plans to an income-driven plan, and most notably the new SAVE repayment plan.