The student loan repayment pause officially ends Aug. 30, and the Department of Education has said loan payments will become due in October. In the months between now and when your first payment is due, here's a three-part checklist from Certified Financial Planner® Matt Frankel that can help prepare you for this major financial change.
Millions of people will start paying their loans again later this year. Are you ready?
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, and personal finance. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.