How you can handle changes to the federal student loan program
Summary
The Department of Education will start sending notices to certain federal student loan borrowers about important upcoming deadlines. These notices explain what actions borrowers need to take concerning changes to their student loans.Key Facts
- Notices will be sent beginning Wednesday.
- The notices are for some federal student loan borrowers.
- The notices include important deadlines related to student loans.
- Borrowers need to pay attention to these deadlines and take any required actions.
- The Department of Education is managing the communication.
- The purpose is to help borrowers handle changes in the federal student loan program.
- CBS News business analyst Jill Schlesinger provided an overview of who is affected and what steps to take.
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