Student loan interest resumes Friday and payments restart in October Here s what borrowers should know wwaytv3.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wwaytv3.com Daily Mail and Mail on Sunday newspapers.
The student loan payment hiatus is officially ending: Interest on federal loans began accruing again Friday, and monthly payments will become due in October.
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
Washington (CNN) For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October.