
Over the past three and a half years, the Biden and Trump administrations extended the student loan payment pause multiple times, freeing federal student loan borrowers from payments and interest accrual. But if you have federal student loans, interest began accruing in September, and your payments will resume in October.
And you have plenty of reasons to be stressed after a multiyear payment reprieve. Aside from the pandemic throwing everyone’s life into a spin, your student loan servicer and monthly payment might have changed. Where do you even find the information you need to make a financial plan?