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For 42.9 million student loan borrowers , it’s been 18 months without a payment. The interest-free federal student loan payment pause, known as a forbearance, was extended three times after it ...
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...
The countdown until the student loan payment pause is lifted in June is ticking, and some experts worry that once payments resume, many Americans may dig themselves deeper into credit card debt.
When the pandemic started in March 2020, all federal student loan borrowers suddenly had their student loans put on pause. Monthly payments were no longer due, interest did not accrue or compound ...
President Joe Biden recently announced an extension of the student loan payment pause, just a few weeks before it was scheduled to end on May 1. For the vast majority of the over 40 million ...
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 federal student loan payment pause that went into effect during the early days of the COVID-19 pandemic was intended to help borrowers from across all income spectrums, but there is growing...
As anticipated, the days of the pandemic-era student loan moratoriums are coming to an end. The payment pause will expire in October -- or 60 days after the Supreme Court announces its decision on ...