"Student Loan Payment Pause Comes to an End: What You Need to Know"

1 min read
Source: The Wall Street Journal
"Student Loan Payment Pause Comes to an End: What You Need to Know"
Photo: The Wall Street Journal
TL;DR Summary

The freeze on student loan payments and interest rates is set to end soon, and borrowers should prepare to resume payments. The US Department of Education has announced that payments will resume on October 1, 2023, and borrowers should contact their loan servicers to discuss repayment options. The end of the freeze may result in increased financial pressure for borrowers, who may face higher interest rates and difficulty making payments.

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