Money Talks

According to the Mississippi State Treasurer’s office, the average Mississippi student graduates college with $30,000 worth of debt. Also, 30% of these graduates are reporting delaying major life milestones (getting married, buying a house or car, and even having kids!) We'll discuss and answer questions about student loans.Compete to Complete: http://moneytalks.mpbonline.org/5cd31f1533f6c1be55607d6ehttps://www.msc2c.org/https://studentaid.gov/COVID-19 Emergency Relief and Federal Student AidOn April 6, 2022, the U.S. Department of Education (ED) extended the student loan payment pause through Aug. 31, 2022. The pause includes the following relief measures for eligible loans:a suspension of loan paymentsa 0% interest ratestopped collections on defaulted loanshttps://studentaid.gov/announcements-events/covid-19FAFSA website: https://studentaid.gov/h/apply-for-aid/fafsaSubsidized and unsubsidized loansPrivate and government loansPrivate education loans are not eligible for consolidation, but for some Direct Con