Federal student loan borrowers will have to restart their payments in February 2022. They have been paused since March 2020 due to the coronavirus pandemic. Mark Kantrowitz, author of "How to Appeal for More College Financial Aid," joined CBSN to discuss how borrowers can begin preparing. CBSN is CBS News’ 24/7 digital streaming news service featuring live, anchored coverage … [Read more...]
What you need to know about the extended student loan payment pause, child tax credit
American graduates and their families may be feeling relief Wednesday after the Biden administration extended a pause on student loan payments. Payments will not be required before May 1, and the extension will help around 41 million borrowers. Meanwhile, millions of families who relied on an increase in the child tax credit are about to lose getting that extra money. Stephanie … [Read more...]