The labyrinth of student loan repayment has taken an ominous turn, leaving borrowers bewildered and grappling with inflated bills. The system, plagued by billing irregularities, untimely statements, and widespread misinformation, has pushed some borrowers into a financial quagmire. This crisis is epitomized by a shocking bill of $108,895, a harrowing situation that echoes the broader chaos in student loan management. The Perfect Storm Unleashed The current chaos in student loan repayment is not an isolated incident but a result of a perfect storm. Millions of federal student loan borrowers recently resumed repayment after a prolonged three-year hiatus due to the … Continue reading Navigating the Maze: What to Do When Your Student Loan Bill Hits $108,895