Student loan payments to resume in February
Millions of student loan borrowers will be required to make payments once again starting in February.
Posted: Dec 28, 2020 7:54 PM
Updated: Dec 28, 2020 8:22 PM
Posted By: Bridget Divers
Millions of student loan borrowers will be required to make payments once again starting in February.
President Trump signed the new stimulus bill yesterday, but an extension of the pause on mandatory student loan payments was not included.
Athens State University (Image from Athens State University)
U.S. Secretary of Education Betsy DeVos did extend the student loan forbearance period until Jan. 31, though. It s been incredibly awful. I m a professor and we re on nine-month contracts. So, I teach studio art, so we, what I usually do with my wife is during the summer, we don t get paid, we just get paid for those nine months, and then during the summers, we supplement our income, said Jamie Adams.