Summary:

• Student loan payments are set to resume after the longest national forbearance in history.
• Here are 6 things you should do before your student loan payments resume:
1. Evaluate your financial situation and create a budget.
2. Review your loan repayment options and consider refinancing.
3. Explore loan forgiveness programs and income-driven repayment plans.
4. Consider making extra payments to reduce the principal faster.
5. Check your credit report and address any discrepancies.
6. Seek professional help if needed from a student loan advisor or financial planner.

Hot take for Physical Therapists:

Physical therapists often have a significant amount of student loan debt due to the required higher education. As student loan payments are set to resume, it is crucial for physical therapists to take proactive steps to manage their debt. Evaluating their financial situation, exploring repayment and forgiveness options, and seeking professional help can help physical therapists navigate the challenges of student loan debt and work towards financial freedom.

Reference Article https://www.studentloanplanner.com/do-these-6-things-before-student-loan-payments-resume/