How Student Loan Borrowers Can Prepare for Big Changes Coming in 2023

Whenever payments do resume, experts have said they’re worried about how to limit the number of borrowers who fall through the cracks and fall behind on their bills. One of the biggest indicators of whether a borrower will be successful making payments is simply whether they’re in the habit of doing so, Betsy Mayotte, founder of The Institute of Student Loan Advisors, previously told Money.

“We’ve taken all these people that were in the habit of paying out of the habit,” she says. “The longer we go, the harder it’s going to be to get them back in.”