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                                                                                      October 2, 2024
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                 A r u b a ’ s   O N L Y   E n g l i s h   n e w s p a p e r
                 Aruba’s ONLY English newspaper
            The grace period for student loan payments is over.

            Here’s what you need to know



            By ADRIANA MORGA
            Associated Press
            NEW  YORK  (AP)  —  The
            12-month  grace  period
            for  student  loan  borrow-
            ers ended on Sept. 30. The
            “on-ramp”  period  helped
            borrowers  who  are  strug-
            gling  to  make  payments
            avoid  the  risk  of  default-
            ing and hurting their credit
            score.
            “The  end  of  the  on-ramp
            period  means  the  begin-
            ning  of  the  potentially
            harsh  consequences  for
            student  loan  borrowers
            who are not able to make
            payments,”  said  Persis  Yu,
            Deputy  Executive  Director
            at  the  Student  Borrower
            Protection Center.
            Around  43  million  Ameri-
            cans  have  student  loan
            debt,  amounting  to  $1.5
            trillion.

                                         A 19-foot Airstream Caravel on loan to the League of Women Voters of Ohio visits the main campus of the Ohio State University in
                    Continued on Page 2  Columbus, Ohio, Thursday, Sept. 26, 2024, as the group works to register and engage student voters.
                                                                                                                                           Associated Press
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