Tag: End of Forbearance: Student Loan Payments Resume in May 2022
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End of Forbearance: Student Loan Payments Resume in May 2022
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The Biden Administration announced that payments on federal student loans will resume on May 1, 2022. The emergency forbearance which began in March of 2020 provided 42 million Americans holding student debt a pause from making payments or accruing interest while the country dealt with the Covid-19 pandemic. The Student Debt Crisis Center found that 89% of…