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The latest extension of the payment pause — the eighth so far — is set to expire 60 days after either June 30, or whenever the Supreme Court decides on the loan forgiveness plan.
If borrowers use Fresh Start to get out of default, their loans will automatically be transferred from the Department of Education’s Default Resolution Group to a loan servicer and returned to ...
To help the transition from the pandemic payment pause to restarting loan payments in October 2023, the Department of Education provided a temporary on-ramp from the beginning of that month to the ...
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 three years, the student loan payment pause is officially ending for 40 million borrowers. The cycle of extensions for the payment pause, which began under then-President Trump during the ...
Cash-strapped federal student loan borrowers who hoped to get debt relief through the Biden administration's loan forgiveness plan might soon have to look elsewhere for help. The program is under...
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 ...
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 ...
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