By: U.S. Undersecretary of Education James Kvaal After more than three years, in June 2023, Congress ended the student loan payment pause, which suspended payments and interest for the duration of the pandemic. This fall, more than 28 million borrowers are returning to repayment, an unprecedented challenge for both borrowers and the Department of Education.
The post A First Look at Student Loan Repayment After the Payment Pause appeared first on ED.gov Blog.
By: U.S. Undersecretary of Education James Kvaal After more than three years, in June 2023, Congress ended the student loan payment pause, which suspended payments and interest for the duration of the pandemic. This fall, more than 28 million borrowers are returning to repayment, an unprecedented challenge for both borrowers and the Department of Education.
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The post A First Look at Student Loan Repayment After the Payment Pause appeared first on ED.gov Blog. Federal Student Aid, News ED.gov Blog
