The Biden administration is yet again extending the pause on federal student loan payments, a benefit that began in March 2020 to help people who were struggling financially due to the Covid-19 ...

The Trump administration’s freeze on federal spending will not affect some of the biggest education-related spending, including student loans, Pell grants and a huge program for high-poverty ...

COVID-19 student loan relief was set to expire at year's end. Now the stimulus will last through the first days of Joe Biden's presidency.

The freeze on student loans started in March 2020 under former President Donald Trump as part of the CARES Act. It was twice extended by the Trump administration. One of Biden’s first acts as ...

A White House memo ordering a broad freeze on federal grants and loans by 5 p.m. Tuesday left ordinary Americans who depend on such aid, as well as seasoned budget experts, scratching their heads ...

Outstanding student loan debt has doubled over the past decade, nearing a staggering $1.7 trillion. About one in six American adults owes money on federal student loan debt, which is the ...

Student-loan borrowers are finding out that restarting a $1.6 trillion federal program is much more confusing than switching it off. With pandemic relief ending, borrowers will start owing ...

Even if the freeze proceeds, experts say federal student loans and Pell grants won't be impacted. Trump's Funding Freeze Halted. What Financial Aid and Student Loan Recipients Should Know ...

Harris-Biden administration extends student loan repayment freeze that impacts 8M borrowers By . Victor Nava. Published Oct. 21, 2024, 8:20 p.m. ET.

Key takeaways. Collections on defaulted federal student loans will resume on May 5, after a five-year pause. Wage garnishment and Treasury offset are measures the government could enact to collect ...