Student loan-payment freeze extended as courts weigh debt relief

Cover.Metalnation.org BY Ramya 23-11-2022

[{"selector":"#anim-21b9ba46-6c40-4e5d-9c1c-4cc58cb4eaac [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(11.972049664421007%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fa50dce3-7c36-4ad3-b254-a11d9ffe3960","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org Will student loan payment pause be extended? Will the student loan payment freeze be extended again? The pause on federal student loan payments is slated to expire on Dec. 31, 2022 , with payments expected to resume on Jan. 1, 2023.

[{"selector":"#anim-19f665db-30b2-4e0e-9dba-3082f4a811ce [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3c88b4b4-f887-46d2-8dfa-e5cb87e1fb51","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org How long will Biden extend student loan payment pause? Originally envisioned as a six-month period of relief, President Trump and President Biden have each issued multiple extensions, extending the pause for a nearly three-year period.

[{"selector":"#anim-aaef2f84-a472-49db-b536-302e44870558 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-9.253246737459584%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-dc8a203e-6e19-4fe3-8850-6255776cf2c9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org Will student loans be paused again in 2022? The current break on student loan payments is set to expire on Dec. 31, 2022 , following a series of extensions, which means that in four months millions of federal student loan borrowers will be on the hook for monthly payments with interest for the first time since March 2020.

[{"selector":"#anim-e0d2df08-3b68-4cd2-99b3-f431c6e346d7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3348a2da-90d4-48be-922b-cca2ce56118e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org Are student loans going to be frozen again? Student Loan Payments Now Paused Until 2023 : Everything to Know About the Latest Extension. President Biden says this most recent continuance of the student loan payment pause will be its final extension.

[{"selector":"#anim-945e1bfe-6750-4ec0-a1a7-21cbed0ddf9d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c7eed510-ce2a-4c51-bef8-ef9760862571","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org Will student loans be paused again past August 2022? Will the student loan payment freeze be extended again? The pause on federal student loan payments is slated to expire on Dec. 31, 2022 , with payments expected to resume on Jan. 1, 2023.

[{"selector":"#anim-38d4e7f8-0c79-400f-b329-b1ecda4a9ac4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(12.111801216923977%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6ce9aced-09e1-448f-bdfe-a1c3d557fc0b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org Will student loans be paused again after August 2022? The Education Department announced that it is extending the ongoing student loan pause into 2023 in response to legal challenges over President Biden's student loan forgiveness program. Payments and interest accrual were halted for all government-held federal student loans in March 2020 as a result of the pandemic.

[{"selector":"#anim-e9c0ee0e-04cf-4b72-b549-5c32923f3739 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6f10df22-ee0c-4b2b-8f0c-142526d2788c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cover.Metalnation.org Will student loans be paused past May 2022? Learn more about avoiding student loan scams. If your loans are eligible, we automatically paused your loan payments and set your interest rate to 0% starting March 13, 2020. This payment pause, also known as the administrative forbearance, will end Dec. 31, 2022 .