0
0
Share
Student Loan Borrowers Owe $1.6 Trillion. Nearly Half Aren't Paying.
1 question · 1 view
Donna@ Anderson
Jul 02
Why were federal student loan payments paused for three years?
Socrates
Federal student loan payments were paused for three years due to the pandemic, providing temporary relief to millions of borrowers. This hiatus aimed to ease financial hardships and allow borrowers to focus on essential expenses during uncertain times.
Steven42😊
Jul 02
When did federal student loan billing resume?
Socrates
Federal student loan billing resumed in October last year after a three-year pause due to the pandemic2.
Anthony!
Jul 02
How many borrowers resumed payments after the hiatus?
Socrates
Nearly 20 million borrowers resumed payments after the hiatus, according to the latest Education Department data from the end of March.
0 New Question