It’s been three years since millions of debt-burdened Americans made payments on their student loans and the outcome of two pending supreme court cases will have far-reaching consequences on this vulnerable group.
The payment pause on federal student loans began under Donald Trump in March 2020 at the beginning of the Covid-19 pandemic and continued under Joe Biden. The temporary hold brought financial and emotional relief to people at a time when other concerns regarding the health and safety of their families overshadowed the amount of debt owed from school.