resume

Student loan borrowers may get more time before payments resume

Serhii Shleihel | iStock | Getty Images

Signs are mounting that student loan borrowers could get more time before they need to resume their payments.

For more than 16 months now, most borrowers’ bills have been on pause, thanks to a break offered by the U.S. Department of Education because of the financial struggles wrought by the Covid-19 pandemic. Currently, those payments are scheduled to begin again in October.

However, an extension is under consideration, experts say.

“There’s a great deal of discussion about what’s the right thing to do here,” said Scott Buchanan, executive director of the Student

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