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Mates Take Advantage Of Student Loan Breaks Before Time Runs Out
Borrowers rush to use the March forbearance and low rates before it ends. The piece outlines lump sum payments to reduce principal, exiting default via consolidation or rehabilitation, and private loan refinancing options while rates linger near historical lows. It notes risks if forbearance extends and emphasizes income driven plans, repayment strategies, and eligibility.
MENTIONED IN THIS ARTICLE
Stacey MacPherres
Bright Horizons
Persis Yu
National Consumer Law Center
Department of Education
Jared Andreoli
Simplicity Financial
Milwaukee
FICO