The student loan payment pause is coming to an end on Friday, September 1.
This comes after the Supreme Court ruled back in June that President Biden did not have the authority to cancel student loan debt. The federal pause on payments then had 60 days to come to an end.
During the pause, payments weren’t required and interest didn’t accumulate for borrowers. Interest will begin accruing on Friday for the first time since March 2020, and payments will resume in October for borrowers across the country.
More Info HERE
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