Student Loan Holders Must be ‘Proactive’ to Avoid ‘A Lot More Trouble’

Beth Akers discusses the fallout from the August 1 student loan deadline. “The consequences are back” for borrowers, Beth says. She talks about the end of the Biden-era SAVE plan, and the services still available to student borrowers. Borrowers need to be “proactive” and there are “hoops to jump through,” Beth says, or there will “be a lot more trouble.” She also addresses whether college is worth the cost: she says yes, and thinks disenchantment with the system will push colleges to hone their offerings.

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