The pause on federal student loan payments is still set to end later this year, Education Secretary Miguel Cardona confirmed this week.
Supreme Court issues
its ruling, or 60 days after June 30 - whichever comes first. The justices are expected to rule in late June or early July, but a decision could come earlier. "We communicated that after the Supreme Court decision is made, loan repayments will start within 60 days of the decision," Cardona said when pressed during aIf the Biden administration is allowed to move forward with the loan forgiveness program, low-and middle-income borrowers may be eligible for up to $20,000 in debt relief before payments restart.at a Senate Appropriations subcommittee hearing.
"We are committed to making sure that once a decision is made, that we are going to resume payments 60 days after. But no later than June 30, we're going to begin that process," he said.When the pause ends, roughly 44 million people will have to restart making payments on their federal student loans, and there is some concern about whether the process will go smoothly.
Many people may be confused about how much they owe, when to pay and how. Millions of borrowers will haveCongress appropriated the Federal Student Aid office about
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