The Biden administration continues to move forward with alternative federal student loan forgiveness plans after an earlier program, which would have cancelled up to $20,000 of debt per borrower, was.
The COVID-19 student loan payment pause has finally come to an end at the beginning of this month. However, federal student loan borrowers have found themselves facing a perplexing and frustrating.
Just a few days following the resumption of student loan payments, President Joe Biden announced on Oct. 4 that an additional 125,000 Americans have been approved for $9 billion in debt relief. See:.
After three and half years, the federal student loan repayment pause has come to an end. Loan balances started accruing interest on Sept. 1 and, unless you've just graduated or are currently in your.
Federal student loan borrowers began paying their monthly student loan bills on Oct. 1. This includes roughly 44 million Americans, noted CBS News, which could put a big financial strain on many.