Student Loan Payments Resuming: Are You Prepared?

Between the announcement that federal student loan payments are resuming this fall and the Supreme Court striking down the forgiveness plan announced in late 2022, many people are scrambling and concerned about what comes next with student loans and their already stretched budgets. Although payments don’t officially resume until October, there are important steps to take now to prepare. Below are several resources from our partners at GreenPath Financial to help you understand your options and next steps.

1. 1. 1. 1. Upcoming Webinar: Preparing for Student Loans to Resume from GreenPath Financial – 8/15 at 8pm EST
         2. Investigate steps you can take with the “Take These Steps with Your Student Loans” guide.
         3. Through our GreenPath Financial Partnership, Student Loan Counseling is free and available to you. Counselors will:
            – Review student loans to help determine the loan type and servicer.
            – Explore repayment options based on the loan type, and discuss the pros and cons of each option.
            – Develop a customized spending plan with student loan payments in mind.
            – Discuss options to resolve defaulted student loans.

          

         Whether you are looking to understand next steps and options for yourself or want to help others be prepared, tnConnect is here to help.