#StudentLoan Payments Are Back. Now What?
https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5ucHIub3JnLzUxMDM1NS9wb2RjYXN0LnhtbA/episode/ZjU0OTlkYjItODViYi00M2VkLThhZTQtZDhkY2MxYWVkZmEw?sa=X&ved=0CJkCEM-BB2oXChMIiKz4nuuQgQMVAAAAAB0AAAAAEAE
After three and a half years, the pause on federal #studentloanpayments is coming to an end. Getting more than 40 million borrowers back into repayment will be an enormous challenge, especially because many students who graduated when the pause was already in place have never made a payment.
#studentloan #studentloanpayments
Pause on #StudentLoanPayments about to end for millions | The Hill
The Biden administration has given its clearest indication yet that the years-long pause of student loan repayments will come to an end in the coming months.
Optimism that the White House would keep offering borrowers relief from making their payments was crushed last week, when Education Secretary Miguel Cardona told a Senate panel that the payments would officially resume due to the pandemic emergency being over.
That means borrowers, who have been jolted around since March 2020 with last-minute extensions and uncertainty over exactly when they should expect payments to start up again, will finally have to make payments — many for the first time.