Student loan payments are due. Can employees catch up?

Published 2 Min Read

graduation cap with tassle
Mnirat from Adobe Stock

Are you ready to pay your student loans? 

For many borrowers whose federal loan repayments kick in this week — after more than three years of paused payments launched in the early days of COVID-19 — the answer is an alarming “no.” 

Read: Student loan payments are starting up: Here’s a look at Biden’s SAVE plan

President Joe Biden’s SAVE plan is a new income-driven repayment plan that has the potential to cut monthly payments down to $0. 

Stephanie Schomer
Editor-in-chief

Stephanie Schomer is the editor-in-chief of Employee Benefit News. She was most recently the deputy editor of Entrepreneur magazine and previously held positions at Entertainment Weekly, … Read full bio


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