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40 percent of student loan borrowers missed first payment since COVID pause, officials say

The Department of Education announced Friday that forty percent of student loans borrowers have missed their first payments since the COVID-19 pandemic halted them for three years. In a blog, U.S. James Kvaal, Undersecretary of Education, said that 60 percent of student loans borrowers who had payments due in October were able to make them.

 The Department of Education reported on Friday that 40 % of student loan borrowers missed their initial loan payments since they were suspended for three years as a result of the COVID-19 pandemic. James Kvaal, the U.S. Undersecretary of Education, claimed in a blog post that 60 % of borrowers of student loans who were due in October… The Department of Education reported on Friday that 40 % of student loan borrowers missed their initial loan payments since they were suspended for three years as a result of the COVID-19 pandemic. James Kvaal, the U.S. Undersecretary of Education, stated in a blog post that 60 % of student loan borrowers whose payments were due in October made them… 

The Department of Education announced Friday that forty percent of student loans borrowers have missed their first payments since the COVID-19 pandemic halted them for three years. In a blog, U.S. James Kvaal, Undersecretary of Education, said that 60 percent of student loans borrowers who had payments due in October were able to make them.

  

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