Debt ceiling deal would require student loan borrowers to pay by fall
Posted By Peter Coyne | 2023-05-31 07:03:30
Borrowers will be required to resume paying their student loan bills 60 days after June 30, according to legislative text in tentative debt ceiling deal.
- Their due date will likely be in September, experts said.
- The pause on federal student loan payments, which has been in effect for more than three years now and spanned two presidencies, will “cease to be effective.”