About 28 million borrowers will be expected to make a payment in October.
Government shutdowns in the past have not changed federal student loan borrowers’ obligation to make monthly payments. | Maddie Meyer/Getty ImagesThe Biden administration is moving ahead with plans to resume collecting student loan payments in the coming days, regardless of whether the government shuts down this weekend.
Government shutdowns in the past have not changed federal student loan borrowers’ obligation to make monthly payments. But the confluence of a possible government shutdown with the unprecedented resumption of payments for tens of millions of borrowers following a 3½-year pandemic pause presents new challenges for the Education Department.
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