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The Biden administration is extending its student loan repayment pause — which was set to expire at the end of the year — into 2023 while its promise of federal relief remains hung up in court.
Payments will resume 60 days after the debt cancellation program is implemented, 60 days after the lawsuits are resolved or 60 days after June 30, if litigation fails.
Borrowers have been off the hook for federal student loan payments more or less since the COVID-19 pandemic began in early 2020.
