It's almost time to resume student loan payments
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June 28, 2023
NEW YORK (AP) — After three years, the pandemic-era freeze on federal student loan payments will end this fall.
It might seem tempting to just keep not making payments, but the consequences can be severe, including a hit to your credit score and exclusion from future aid and benefits.
More than 40 million Americans will have to start making payments again under the terms of a debt ceiling deal approved by Congress, though many could see their balances reduced or erased if the Supreme Court allows President Joe Biden's student loan forgiveness plan to go ahead. A decision is expected this week,...
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