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The Federal Student Loan Pause is Coming to an End

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The U.S. Department of Education has extended its temporary pause on student loans through August 31, 2022. This pause includes:

  • 0% interest on all loans
  • A suspension of loan payments
  • Stopped collection on defaulted loans

Keep on the lookout for your loan servicer to send information by mail or email about your specific loans. Prepare for repayment by reviewing income-driven plans and other options for borrowers. If you haven’t received any information yet, reach out to your servicer with your questions.

 

MageeNews.com is an online news source serving Simpson and surrounding counties as well as the State of Mississippi.

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