"Student Loan Repayments Set to Resume in October: What You Need to Know"

The US Department of Education has announced that interest on federal student loans will resume on 1 September, and payments will be due starting in October. The pause on student loan payments has been in place since the start of the Covid-19 pandemic in March 2020 due to economic uncertainty. The Biden administration previously announced payments will resume 60 days after the litigation is resolved or 30 June 2023, but this statement from the education department makes clear the exact date of repayment for tens of millions of borrowers.