Federal student loan payments have been placed on pause since March 2020. There are no interest charges, no payments, and no collections activities. This period of administrative forbearance will end on January 31, 2022. All payments will then resume on February 1. Although the U.S. Department of Education extended the payment pause several times, it …
After the COVID-19 pandemic, the federal government immediately suspended student loans. All federal student loans were put into forbearance and the interest rate was lowered to 0% on March 13, 2020. Although student loan payments were initially set to resume in 2020, they have been delayed several times by the Trump and Biden administrations. Another …
What can you do to prepare for student loan payments resume in 2022? Read More »
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