What is the start date for student loan repayments?
What is the start date for student loan repayments?
It had been almost three years since student loan borrowers have been
Paused from paying their debts and increasing interest rates - but on August 30,
they will have to start making payments again.
The payment restart comes weeks after the Supreme Court ruled that
the federal government will not provide relief for student loans.
August 30, 2023, is the date when repayments will resume.
As a result of the CARES Act, the first federal student loan deferment was established.
former President Donald Trump signed the CARES Act into law on March 27, 2020.
The pause was extended six times by President Biden.