Image:  The clock is ticking for the Biden administration to let borrowers know whether it plans to extend the pause on federal student loan payments, which is currently set to expire on Aug. 31. If the pause is not extended, 45 million borrowers will have to begin making payments on their federal student loans after a break of over two years. The department has not yet communicated to borrowers or loan servicers whether it plans to extend the Aug. 31 deadline. However, if history...

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