New student loan rules take effect July 1. Here’s how Wisconsin borrowers could be affected.
Wisconsin NPR
Families really need to project how they’re going to pay for the full degree, all four, five or six years,” Mayotte said. “For borrowers that are currently in repayment … they need to start looking at the repayment plans that are going to be available to them and that will best fit in, not only short-term budget, but long-term student loan management strategy.
For people that owe high debts, I use that old expression: “How does one eat an elephant? One bite at a time.”
What I find is helpful to the majority of the borrowers we work with is just being able to educate themselves on what their options are.
