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A federal appeals court will allow the Department of Education to proceed with lowering millions of student loan borrowers’ monthly payments in July as the Biden administration faces two legal ...
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...
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 ...
Current student loans news for 6/21/2024. ... Student loan payments paused for millions of SAVE borrowers. Hanneh Bareham. June 21, 2024 at 1:56 PM.
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 ...
The repayment pause has been welcomed by borrowers with federal student loans. Federal student loans have not seen interest accrue since 2020 and won’t until September 2022. No payments are due ...
Payment pause will lift. As part of the debt ceiling deal that the White House struck with House Speaker Kevin McCarthy (R-Calif.) and passed earlier this month, federal student loan payments ...
Under the action, payments on federal student loans will remain paused through May 1. Interest rates will remain at 0% during that period, and debt collection efforts will be suspended.