Federal student loan payments are back, baby

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Federal student loan payment requirements have resumed after a break that lasted more than three years, which means a big change in monthly financial planning for many Bay Staters.

According to the Education Data Initiative, almost 13% of Massachusetts residents held federal student loan debt in 2022, and the average federal student loan debt total was more than $34,000 per individual.

We at The Common wanted to get an idea of how that kind of debt impacts borrowers’ short and long-term financial goals, and more generally, what it's like to pay such a high cost for an education.

We asked people in-person, across the region and online to share their experiences with student loan debt. Today, we bring you their stories.

Headshot of Katelyn Harrop

Katelyn Harrop Podcast Producer
Katelyn Harrop is a podcast producer for WBUR's daily news and culture podcast, "The Common."


Headshot of Darryl C. Murphy

Darryl C. Murphy Host
Darryl C. Murphy is the host of WBUR's daily news and culture podcast, "The Common."



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