Federal student loan repayments set to resume after 3-year pause.
The Education Department is preparing to restart federal student loan debt repayments after a three-year pause now that the COVID-19 pandemic emergency has ended, according to Education Secretary Miguel Cardona. The Biden administration has controversially argued that the HEROES Act empowers the secretary of education to reduce or eliminate federal student loan debt obligations. The administration has proposed forgiving up to $10,000 in federal student loan debt and up to $20,000 for those who received Pell Grants, a plan that is currently being challenged in court.