Stimulus bill won’t extend payment pause for student loan borrowers

"The stimulus bill expected to be approved by Congress on Monday won’t extend the freeze on payments and interest for federal student loan borrowers.

The $900 billion pandemic aid package will send $600 direct payments to Americans earning up to $75,000, extend unemployment benefits for another 11 weeks and provide hundreds of billions of dollars in aid for small businesses.

But in the final negotiations, a key provision to help student loan borrowers was left out. On the table had been extending the interest-free payment pause until April. That break is scheduled to end next month." …