Parents Paying Down Student Debt Worry How They’ll Send Kids to College
With monthly bills slated to resume in coming months, borrowers with children are facing a squeeze.
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Many parents with student loans in the US are getting sandwiched by college costs.
After a three-year pause, required payments on federal loans are scheduled to restart in coming months, straining Americans’ finances. The situation is uniquely tough for borrowers with children who want to go to college one day. These parents desperately want to help their kids shoulder the cost of higher education, but will find it harder to set money aside as payments resume.