Not much has changed in the last 20 months for borrowers with private student loans. That’s because they never went on pause! A few lenders offered a deferment or forbearance period but it wasn’t for 20 months so most private borrowers have been in the practice of paying their student loans each month just like before the pandemic.
That said, student loan interest rates are still near historical lows. If you have a private loan and haven’t checked your interest rate lately, you could potentially save money or lower your monthly payment by refinancing.