Mark Kantrowitz, student financial aid expert, joined 'Stretching Your Dollar' to talk about loan repayments as the pandemic pause was lifted on October 1. He provided some tips on finding out your payment amount and due date as well how to work the payment into your budget.

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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