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Student Loan Moratorium

Student-Loan Debtors Weigh Options As Debt-Payment Moratorium Expires

October 1, 2023 Keating Zelenke, The Indypendent. , , ,
“I’m thinking about the interest that’s going to be accruing, on top of each loan, and I’m like, okay, that’s going to total maybe $1,000 a month,” says Rachel Jerome of the upcoming federal student-loan payment ­resumption.  After Jerome earned her bachelor’s degree, she realized that her career goals were much different than when she was 18 years old. She wanted to switch gears and go back to school for a master’s in strategic communications, so she attended an online program at Syracuse University while working full-time at a nonprofit and living with her parents. COVID-19 induced a federal moratorium on student-loan payments and interest in March 2020.

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