After a three-and-a-half-year pause, federal student loan payments will be required once again, with due dates starting in October. With the average monthly student loan payment being nearly $400, it’s fair to say that this could be a financial shock to many borrowers. The good news is that there are two ways you may be able to reduce or eliminate your student loan payments because of the Biden administration’s relief plan.

10 stocks we like better than Walmart
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