The lingering effects of the COVID-19 pandemic and evolving federal student loan policies have left many borrowers wondering, “Why are my student loans in forbearance in 2024?” This question highlights the complexities of navigating the student loan system, particularly as forbearance periods conclude and repayment resumes. Understanding the various reasons for forbearance, its implications, and available alternatives is crucial for borrowers seeking financial stability. This guide delves into the intricacies of student loan forbearance in 2024, exploring the different types of forbearance programs, the impact on credit scores and loan balances, and the steps borrowers should take when exiting forbearance. Read More …