Why Now Is a Horrible Time to Refinance Student Loans
Gabriel T. Rubin ( with inputs from The Wall Street Journal ) 3 min read 27 Sep 2023, 06:46 PM IST
SummaryA chance to tap low rates has passed as borrowers prepare to make payments for the first time in years.
Borrowers facing down the return of federal student-loan payments might be tempted to refinance their loans in an attempt to save money. For many, that is a terrible idea.