Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends

Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends

SeattlePI.com

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A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt. If Congress approves a debt ceiling deal negotiated by House Speaker Kevin McCarthy and President Joe Biden, payments will resume in late August. Even if the deal falls through, payments will resume by 60 days after the Supreme Court decision. Regardless of what justices decide, more than 40 million borrowers will have to start paying back their loans by the end of the summer at the latest.

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