The pandemic-induced pause in federal student loan repayments will end soon, at some point this summer. Borrowers can expect payments to resume 60 days after the Supreme Court’s decision on the Biden administration’s debt-forgiveness proposal, expected sometime in June.

A student loan freeze imposed by the Trump administration was extended by President Joe Biden when he announced the student loan forgiveness measure last summer. But Republican state officials and conservative organizations immediately challenged the legality of the debt relief initiative, forcing the Biden administration to suspend aid applications in October.

Here are some answers to key questions about federal student loan forgiveness, loan repayment, and other information about student loans and Pell Grants to help you prepare.

What is Biden’s student debt forgiveness program?

The Biden administration’s one-time debt forgiveness program is a pandemic relief measure that could waive up to $10,000 for all borrowers and up to $20,000 for Pell Grant-eligible students. Critics say it penalizes taxpayers who don’t go to college and will worsen rising inflation.

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