Borrowers have gotten a long break from federal student loan payments and interest during the COVID-19 pandemic, but that relief is scheduled to run out at the end of the year. As part of its response to the coronavirus crisis back in March, the government put student debt payments on hold, dropped the interest rates to 0% and stopped collections on defaulted student loans. Those measures are set to expire on Dec. 31. Congress has so far failed to approve…
Continue reading