The expiration of these programs will strip away economic assistance that millions of Americans have received for years and still rely on.
Millions of people are set to lose Covid-19 pandemic-era benefits this fall.
Some aid, like direct stimulus payments, expanded unemployment benefits and enhanced child tax credits, have already expired. But there’s still time for other funds, like the billions of dollars of aid for K-12 schools, to be spent.monthly student loan bills in OctoberTypically, those payments were between $200 and $299 in 2019 before the pause went into effect, according to theFederal student loan accounts have effectively been frozen since March 2020.
More student loan borrowers are currently behind on other kinds of bills than they were before the Covid-19 pandemic, according to a recent study by theThe report also said that about 1 in 5 student loan borrowers have at least two risk factors that suggest they could struggle when scheduled payments resume, like being delinquent on student loan payments before the pandemic or having multiple student loan servicers.
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