About 8 million federal student loan borrowers had hopes of smaller monthly payments and lower lifetime costs when the Biden ...

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(Photo by Andrew Harnik/Getty Images) A perfect storm is brewing for millions of federal student loan borrowers, who may experience dramatic increases in their monthly payments later this year.

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The payment pause has stalled forgiveness efforts and left some borrowers scrambling to other income-driven repayment plans. I've worked in the student loan industry for over 15 years, and I've ...