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The repayment pause comes days after Biden canceled another $4.5 billion in student loans for public workers. “For too long, the government failed to live up to its commitments,” Biden said in ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
After more than three years of having their payments paused as part of COVID-19 relief efforts, federal student loan borrowers will soon have to resume payments. Exactly when remains unknown, even...
In the news. As of July 19, 2024, all student loan payments under the SAVE Plan has been put on hold due to an ongoing appeals process as Republican-led states challenge the plan’s legality.
The restart in payments already faces complications. More than 44% of borrowers have a new loan servicer since the pandemic began and payments were put on pause. When a new loan service provider ...
The student loan payment pause -- which was set to end Dec. 31, 2022 -- will be extended to the end of June 2023 as the Biden administration awaits the Supreme Court's ruling on the federal student...
Student Debt Crisis Center Executive Director Cody Hounanian joins Yahoo Finane Live to examine how a majority of people are unprepared to resume paying back their student loans when deferments ...
Pressure Increases to Extend Student Loan Payment Pause. As the Student Borrower Protection Center’s Persis Yu said in a recent statement, per Forbes: “The Biden Administration cannot now ...