STUDENTS: Student Loan Repayments Commencing?

By Staff Reporters

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Student loan payments could restart soon. Tucked into the debt ceiling deal agreed to by President Biden and House Speaker Kevin McCarthy is a measure that requires student loan borrowers to start paying their monthly bills again 60 days after June 30th.

A freeze on repayments has been in place since March 2020 due to COVID-19, and it’s been extended several times as the pandemic dragged on. This deadline for the resumption of payments is similar to the timeline previously laid out by President Joe Biden, but it prevents him from issuing another pause.

COLLEGE COSTS: https://medicalexecutivepost.com/2016/07/18/is-the-cost-of-a-college-education-really-worth-it/

GOV PSLF: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service

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