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Federal Student Loans Put On Pause As Nation Grapples With Pandemic


In January, the Education Department extended a suspension on federal student loan payments through Sept. 30, following a request from the Biden administration. The moratorium puts a pause on collections and keeps the interest rate at zero percent, while giving borrowers a chance to breathe as the economy struggles under the pandemic. But come October, many borrowers may struggle to get back on track with their payments.

Joining Cincinnati Edition to discuss the moratorium is The Institute for College Access & Success Senior Policy Analyst Michele Streeter; and Postal Carrier Charles Grove, who is working to pay off his student loan.

Listen to Cincinnati Edition live at noon M-F. Audio for this segment will be uploaded after 4 p.m. ET.

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Michael Monks brings a broad range of experience to WVXU-FM as the host of Cincinnati Edition, Cincinnati Public Radio's weekday news and information talk show.