2025 Graduate Guide: Mastering Student Loan Repayment
April 16, 2025 - 17:32
After an extended period of payment pauses, student loan borrowers are now facing the reality of repaying their loans. This transition can be daunting, but understanding how to manage finances during this critical time is essential. Amanda Hahnel, a Vice President at Fidelity Investments specializing in emerging products related to student debt, offers valuable insights for recent graduates.
To effectively navigate this new landscape, borrowers should first assess their current loan balances and repayment terms. It's crucial to know exactly what is owed and the timeline for payments to begin. This information will help in budgeting and planning for monthly expenses.
Additionally, graduates should explore various repayment options available to them, including income-driven repayment plans and potential loan forgiveness programs. By taking proactive steps and seeking guidance, borrowers can alleviate some of the stress associated with managing their student loans and ensure a smoother transition into repayment.
MORE NEWS
August 20, 2026 - 18:55
Albany lawmakers grill top city finance experts as budget loomsCity council members spent nearly three hours on Monday grilling the top financial officers over the mid-year budget report, with several lawmakers voicing frustration over vague projections and...
August 20, 2026 - 02:25
State and local government finances in America: A comprehensive analysis of debt and liquidityA new study based on audited financial reports from more than 20,000 state and local government entities is shedding light on the fiscal health of public agencies across the United States. Rather...
August 19, 2026 - 19:12
Bernie Sanders pushes to end Social Security garnishments for student debt: What to knowSenator Bernie Sanders is preparing to introduce new legislation that would stop the government from taking money out of Social Security checks to pay off defaulted student loans. The move comes as...
August 19, 2026 - 01:11
Middle East Banks Grow African PresenceMiddle East financial institutions are stepping up their activity across Africa, drawn by fast-growing economies, infrastructure spending, and a rising demand for Sharia-compliant banking. This...