
Roughly 7 million federal student loan borrowers are new enough to the system that they have never had to make a payment on their loans. That changes in October, when loan payments come due after a years-long pandemic pause, and these brand new borrowers take the first steps of a long journey toward paying off their debt.
Those first steps can feel intimidating – but we're here to help. Here's what new borrowers should know in the lead up to October: