It’s time to start thinking about the end of the year. No, not the exciting things like Hanukkah, Christmas or Kwanzaa. We’re talking about student loan payments. In January, millions of Americans will have to resume paying their federal student loans. If you’re one of them, now is the time to start preparing.
The federal student loan forbearance that was put in place during the early years of the pandemic officially ends on December 31. That means starting January 1, 2023, your loan payments are back. Are you ready for that? Here’s some steps to take to make sure you are.