Federal student loan borrowers must begin payments in October after over 3-year pause

Federal student loan borrowers must begin payments in October after over 3-year pause

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Federal student loan borrowers must begin payments in October after over 3-year pause – CBS News


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Interest on federal student loans resumes in September and payments will start in October after a more than three-year pause due to the COVID pandemic. The Supreme Court rejected President Biden’s student debt relief program in June, but the Biden administration is offering a new program to help some borrowers bring down the cost of their monthly payments. Weijia Jiang reports.

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