BusinessOctober 2, 2023
Student loan repayments resume this month
U.S. Department of Education is reminding student loan borrowers it's time to pay up. After a more than three-year break from payments, debt repayment is resuming in October for borrowers who collectively owe more than $1 trillion in loans. Student loan repayments were paused in March 2020, when former President Donald Trump issued the first of many pauses during the pandemic...
U.S. Department of Education is reminding student loan borrowers it's time to pay up.
After a more than three-year break from payments, debt repayment is resuming in October for borrowers who collectively owe more than $1 trillion in loans.
Receive Daily Headlines FREESign up today!
Student loan repayments were paused in March 2020, when former President Donald Trump issued the first of many pauses during the pandemic.
Borrowers will get a bill, with payment amount and due date, at least 21 days before the due date.
Do you want more business news? Check out B Magazine, and the B Magazine email newsletter. Go to www.semissourian.com/newsletters to find out more.
Story Tags
Connect with the Southeast Missourian Newsroom:
For corrections to this story or other insights for the editor, click here. To submit a letter to the editor, click here. To learn about the Southeast Missourian’s AI Policy, click here.
Advertisement
Receive Daily Headlines FREESign up today!
