Who Benefits From the Student Loan Payment Pause and What Will Happen When It Ends?
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At the start of the COVID-19 pandemic, the federal government stopped requiring payment on most federal student loans. This “payment pause,” originally set to expire in September 2020, is now intended to expire August 2022. A new report describes the individuals affected by the payment moratorium, its impact on their finances, and what might happen when the payment pause ends.