Bullet points of End of student loans grace period a potentially perilous time for borrowers

Bullet points of End of student loans grace period a potentially perilous time for borrowers
- The 12-month on-ramp period for student loan borrowers ended on Sept. 30
- Around 43 million Americans have student loan debt, amounting to $1.5 trillion
- Around eight million of those borrowers had enrolled in the SAVE plan, the newest income-driven repayment plan
- The SAVE plan is currently on hold due to legal challenges
- Student loan borrowers who haven't been able to afford their monthly payments must consider their options to avoid going into default