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The student loan pause was extended—three things to keep in mind

In April 2022, the Department of Education announced that federally-held student loan payments will continue to be paused through August 31, 2022. This extension provides welcome relief to student loan borrowers who are still finding their footing in an economy recovering from the pandemic. As we look toward repayment, this article features what the CFPB’s research, supervision, and enforcement work tells us about the risks student loan borrowers might face.

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