Federal Student Loan Repayment Challenges After Pandemic Pause

Millions of federal student loan borrowers have not resumed payments after the pandemic pause, creating challenges for the government. The Biden administration introduced relief programs and a new repayment plan to help borrowers manage their debt. Legal battles and system adaptations further complicate the repayment process.

President Biden's Student Loan Relief Announcement in Madison, Wisconsin

President Biden announced new student loan relief in Madison, Wisconsin, but some students may still need more motivation to support him.

Biden Administration Student Debt Relief Plan

The Biden administration announced a new plan for student debt relief targeting specific groups of borrowers, including those with old loans, financial hardship, and low financial value education programs. The plan aims to erase up to $20,000 in unpaid interest for all borrowers and may take a few months to be implemented.