Student Loan Payment Pause Nears End: What You Need to Know

The pause on federal student loan payments will end on September 1, 2021, after more than three years and eight extensions. Economists and higher education experts worry that many borrowers are ill-prepared for the resumption of student loan payments and could fall behind. Borrowers can ease the transition by checking the details of their account, keeping an eye out for notices, figuring out which repayment plan is best for them, checking their eligibility for debt forgiveness programs, and asking for help.