President Joe Biden accompanied by Education Secretary Miguel Cardona as he announces new actions to protect student-loan borrowers in the Roosevelt Room at the White House in Washington, DC.
President Joe Biden accompanied by Education Secretary Miguel Cardona as he announces new actions to protect student-loan borrowers in the Roosevelt Room at the White House in Washington, DC.
  • Interest on federal student-loan balances will resume in September.
  • In October, student-loan borrowers will start making payments again.
  • The Education Department announced a number of steps to ease the transition back into repayment.

Federal student-loan balances will start to grow again in just one month.