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After a five-year hiatus, federally backed student loan repayments officially resume, marking a significant shift in the financial reality of over 40 million Americans. The Department of Education confirms that collections and interest accrual restart on May 5, 2025, ending a historic freeze that began in March 2020 under emergency pandemic relief measures.
The original payment pause was enacted at the onset of the COVID-19 crisis, providing temporary relief for federal student loan borrowers as the nation confronted widespread economic disruption. What began as a short-term policy. . .
