Worried about when student loan repayments resume? These programs could help.

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World

News for borrowers with federal student loans

When do student loans resume? It’s a common question, and the answer has changed several times. Initially, the loan payment freeze on federal student loans was planned to last for only a few months. But then-President Trump — and later, President Biden — repeatedly extended the freeze. As a result, many borrowers haven’t made payments toward their federal loans in over three years.

Now, payments are set to resume. According to the US Department of Education, interest will start to accrue on Sept. 1, 2023, and payments will begin in October 2023.

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