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After 3 years, student loan payments are back

  • Federal student loan borrowers will need to resume making payments after a three-year pause due to the pandemic.
  • Borrowers should log into their loan servicer accounts to access their loan balance, monthly payment, and interest rate. They should also determine their loan type to explore income-driven repayment plans.
  • The Biden administration has implemented extensions to the payment pause and is working on a new path to forgiveness after the Supreme Court struck down the plan to forgive up to $20,000 in debt per borrower.
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