Encore: Student loan payments resume this fall

Editor's note: this segment originally aired August 1, 2023.

Student loan payments have been on pause for nearly 3 1/2 years. This fall, payments along with interest will resume for over 40 million Americans. We heard from experts who break down the complexities of resuming student loan payments in an easy-to-follow way and learn why 3.5 million Americans over 60 years old carry more than $125 billion in student debt.

GUESTS:

Ben Marx
Associate professor of economics at the University of Illinois Urbana-Champaign

Josh Kilroy
Founder, Americans for Fair Debt Relief Super PAC

Lynne Baker
Managing Director of Communications, Illinois Student Assistance Commission