If your student loan repayment is paused there’s good news… It’s going to be that way for a while.
The White House extended a moratorium on student loan repayments. It’s not permanent, so get ready to start paying again in February.
So far, President Biden hasn’t followed through on his promise to cancel $10,000 of student loans for borrowers. The collective student loan debt in the US. is a staggering $1.7 trillion.