Here’s When You Might Have to Start Paying Student Loans Again
The Supreme Court is likely to announce a decision on President Joe Biden’s forgiveness plan in the coming weeks.
The US Supreme Court.
Photographer: Valerie Plesch/BloombergThis article is for subscribers only.
The return of student loans payments is getting closer. The exact date hinges on the Supreme Court’s decision on President Joe Biden’s plan to forgive up to $20,000 in federal loans per borrower.
Required payments on federal student debt have been on pause for more than three years. The Biden administration announced late last year that payments would resume 60 days after one of two dates: The court’s decision or June 30, whichever comes first. That puts the start date no later than Aug. 29.