Student loan payments resume May 1 after being suspended for 2 years

By Around the Web

(WCPO) – After being suspended for more than two years, the pause on student loan payments will be ending soon. Borrowers have less than a month to prepare as May 1 is just around the corner.

The payments were supposed to start in February, but got pushed back several months. The pause was put in place because of the Care Act in 2020.

A survey found that 89% of borrowers are not prepared to begin making payments again.

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