How to manage your student loan payments after a layoff

Figuring out how to keep up with monthly student loan payments is one of the many challenges for those who have lost their job.

Figuring out how to keep up with monthly student loan payments is one of the many challenges for those who have lost their job.

Many more people are now facing that headache. Job cuts are on the rise, fueled in part by terminations of federal workers.

More than 40 million Americans hold student loans, and the total outstanding debt exceeds $1.6 trillion.

Here’s what to know about the payments if you’re out of work.

A bad time to seek lower payments

https://www.nbcnews.com/business/personal-finance/manage-student-loan-payments-layoff-rcna196784

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