How to Manage Your Student Loans.

To resolve these issues, the DOE announced last October that it is offering a limited waiver that allows eligible borrowers to have payments that were previously excluded count toward loan forgiveness. MONEY As Kiplinger's went to press, the Biden administration was considering a plan to forgive up to $10,000 in federal student loans for borrowers who meet certain income thresholds. If your loan balance is close to Biden's $10,000 forgiveness proposal, making payments before the moratorium ends may not be in your best interest because you could be paying a debt you won't have to repay, says Michael Kitchen of Student Loan Hero, which helps borrowers manage student debt. [Extracted from the article]