Got worries about student debt? WBEZ wants to hear from you.
Student loan payments will be due again this fall. WBEZ wants to hear how you’re preparing — and what the payment pause has meant for you.
By WBEZ Staff
Got worries about student debt? WBEZ wants to hear from you.
Student loan payments will be due again this fall. WBEZ wants to hear how you’re preparing — and what the payment pause has meant for you.
By WBEZ StaffThis fall Chicagoans will have to start paying back federal student loans after a three-year pause. Are you feeling the squeeze?
WBEZ wants to hear how you’re preparing – and what the pause has meant for you.
Borrowers have been off the hook from making payments since early 2020, soon after the pandemic began. Advocates say that has allowed many to start families and purchase first homes, or to cover the rising costs of housing, food and other basic needs.
Illinois residents owe $61.6 billion in student debt, according to the Education Data Initiative. That amounts to more than $37,000 per borrower. More than 1.5 million borrowers in Illinois were banking on debt relief through President Joe Biden’s federal student loan cancellation program. But it was overturned by the Supreme Court last month.
WBEZ wants to hear your experience and your questions about student loans in the brief survey below.