NEW YORK — Millions of Americans must start repaying their federal student loans again in October, with monthly payments averaging hundreds of dollars. To get ready, borrowers are cutting expenses, taking on additional work and looking for options to reduce their monthly payments.

Megan McClelland, 38, said she has started asking for October shifts with a catering company and a winery to help supplement her income.

McClelland’s main job is as a counselor at Petaluma High School in California. During the more than three years payments were suspended because of the pandemic, she paid off her car loan and was able to save for the first time. She’ll put the $235 she was spending on her car payment toward her student loan, but that still leaves another $270 or so she’ll have to reallocate or earn.

“It had been a huge relief the past few years to not have that financial burden,” she said. “In the next months, I’m looking to see where I can scale back in my budget. Probably less going out to eat, and more picking up side gigs.”

Justin Cole, 35, of Little Rock, Ark., said he doesn’t know how he’s going to come up with the $166 a month he’ll owe starting in October. That’s the estimated payment on his roughly $19,000 of loans from paying for college more than 10 years ago.

“I’m already in a mountain of debt, and while I just got a raise at work, it doesn’t go into effect until we’re full staffed at my family practice clinic,” he said.

Cole works the front office at a medical practice, checking in patients, handling records and managing payment collection. Some of his other debt comes from medical expenses after a car accident early in the pandemic.

“If those loans were forgiven, I could finally work on getting my credit up and actually saving money for once,” he said. “If they were forgiven out of the blue, I’d be ecstatic.”

The Supreme Court in July rejected a plan by President Joe Biden’s administration to wipe away $400 billion in student loan debt.

Not yet clear is how millions of people suddenly having less discretionary income might affect the economy.

On an earnings call last month, the chief financial officer of Target said student loan payments restarting will “put additional pressure on the alreadystrained budgets of tens of millions of households,” a sentiment echoed by the financial chiefs of Best Buy and other retailers.

The Public Service Loan Forgiveness program is one of several avenues for relief still available to many with student debt. After Biden’s original plan for forgiveness was struck down by the Supreme Court in July, the White House has said it will use the Higher Education Act to bring cancellation to more borrowers. It’s currently undergoing a process known as “negotiated rule-making” to determine details.

Other sources for relief for borrowers include: false certification, borrower defense, closed school, total/permanent disability discharges, and alternate repayment programs like income-driven repayment.