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Paying Off Student Loan Debt During COVID-19 and Beyond

When the economic reality of COVID-19 first hit, the U.S. government gave most student borrowers a temporary break: As of March 13, 2020, if you're saddled with federal student debt, you don't have to make payments—and your interest won't accrue—through Sept. 30.

Later, an executive order was signed extending the relief through the end of 2020. (Some private lenders have offered their own relief plans, but these programs vary.)

But with the nation's economy in shambles, COVID-19 still raging—and that loan forbearance window closing soon—you may find yourself struggling to stay afloat, let alone paying down your student debt.

Read the full article to learn some ways to navigate this new normal:

* The opinions/views expressed by Prudential Financial Inc. are not considered opinions/views of BMTX, Inc., a wholly owned subsidiary of BM Technologies, Inc. BMTX is not a financial advisor and individuals are urged to obtain and consult their own financial advisors.

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