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After YOLO Summer, Student Loan Borrowers Brace for Their Payments to Restart
Americans were able to reduce debt and pay for cars, weddings and engagement rings but the forbearance period is scheduled to end.
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Americans with student debt are bracing to start making payments again after more than two years.
During a forbearance period that started early in the pandemic, those with a piece of the $1.7 trillion student debt burden could set aside at least one of their financial worries, allowing them to reach major life milestones, boost their financial health and splurge on vacations.