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Half of U.S. Student Loan Borrowers Say They Couldn’t Pay Today

  • Survey shows 28% unaware of most recent moratorium extension
  • Nearly 40% don’t know how much their monthly payments will be

The U.S. moratorium on student-loan payments is slated to be lifted at the end of August, but more than half of borrowers said they wouldn’t be able to make a single monthly payment today if they had to.

That’s one takeaway from a survey conducted by Payitoff among 1,000 student-loan borrowers this month.