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flag Federal student loan interest resumes, potentially adding $3,500 annually to typical borrower debt.

flag Federal student loan interest has resumed for millions of Americans, ending a one-year pandemic pause. flag Despite payments still being deferred, loan balances will grow, potentially adding about $300 monthly or $3,500 annually to typical borrowers. flag The Department of Education urges checking loan details at studentaid.gov and updating income or changing repayment plans to avoid financial strain. flag Missing payments can harm credit.

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