End of Student Loan Payment Pause Date Announced for Forgiveness

The student loan forgiveness pause will end on August 30, as the White House and Congress reached a deal to create a new debt ceiling for the nation while seeking to waive $10,000 to $20,000 in student loan debt for all borrowers. However, Congress must decide whether to approve the spending deal or not, and the Supreme Court must decide on the legal implications of the forgiveness plan.