Federal student loan borrowers who enrolled in President Biden’s SAVE income-driven repayment plan have been in an interest-free forbearance for nearly a year.

The extent of debt distress will also depend on the extent of international support to countries through debt service relief, concessional financing, and, when needed, support for debt restructuring.

The Fed Holds Rates Steady. How to Maximize Your Savings and Cut Down on Debt What the Fed rate announcement means for homebuyers, borrowers and savers ...