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Student loan payments have resumed—here's how to save money [USA TODAY]
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After the Biden administration's attempt to forgive student loans was struck down over the summer, interest began accruing again on September 1 after years of being paused due to the pandemic. What's more, the payments themselves became required again on October 1 for the first time in over three years. Out of sight and out of mind, many borrowers have been planning their finances for years without factoring in student loan payments as the payment requirements were paused and interest didn't accrue. As a result, even the lowest monthly payment possible can be a blow to many borrowers' budgets. It's understandable if you feel frustrated and intimidated by the resuming payments. You may need to change your spending habits to adapt, which is a headache in and of itself. We're here to walk you through ways to save money, hopefully making adding loan payments to your budget a less daunting process. When did student loan interest rates resume? After pausing student loan interest rat
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