Here at Summer, we understand the impact of student loans on financial freedom and security because many of us are borrowers ourselves – facing compounding debt and a multitude of decisions each month. Our personal stories and borrower feedback only make our belief that the system can change that much stronger.
Our very own Head of Operations and Borrower Success (and resident student loan expert) Bridget Haile was featured on the Matter of Life and Debt podcast, titled Student Loan Employee Benefits. Bridget and podcast host Nikki Nolan covered student loan misconceptions, the change currently happening in student loan reform, how borrowers should be planning for the October payment cliff, and more.
“From what we have heard, the new administration is using this payment pause extension as a timeline for them to figure out what they’re going to do. Because I think they know, right, that it would look very bad to announce everyone’s got to start paying your student loans again, and we haven’t helped you, or we haven’t done anything … So I do think we will probably see a few more announcements before payments resume.”
Catch the full podcast episode here.