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Yes, Student Loan Repayment Resumes Oct. 1 for Most Borrowers: 3 Exceptions to the Rule


The lengthy reprieve that federal student loan borrowers enjoyed is about to end. A key provision in the debt ceiling agreement reached in June 2023 prohibited the U.S. Department of Education from extending the pause on repayments of student loans that began in March 2020.

As a result of this debt ceiling deal, student loan repayment begins on Oct. 1 for most borrowers (although not everyone has the same due date). However, here are three exceptions to the rule.

Image source: Getty Images.

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Source Fool.com


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