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Three years and nine extensions later, the longstanding federal student loan payment pause will expire. Interest on those loans began accruing on Sept. 1, and nearly 46 million borrowers will need to start making payments in October. (There's no chance of further payment pause extensions, due to a provision in the debt ceiling deal passed by Congress on June 2.) Borrowers who left school in 2020 or later will need to gear up for their first-ever student loan payments.
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