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Millions of Americans Could Soon Face an Additional $393 Monthly Payment

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By Zigi Kaiser A key measure that eased household burdens during the pandemic is about to expire, but there are alternatives that may help people cope. A key covid relief measure that affects the finances of millions of Americans is about to expire, creating financial uncertainty at at time when the economy is slowing and interest rates are on the rise. The pause in student loan debt repayments is set to end after August, leaving millions of Americans who owe student loan payments anxious and worried. The average student loan payment is $393 a month, according to Federal Reserve data. Some 45 …

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