Student loan servicers have not been good at keeping track of payments. The biden administration has inherited that problem and is trying to fix it. Daniel mangrom: Government doesn't want to turn the switchback on if all the wiring is faulty.
The pause on federal student loan payments was just extended for the sixth time in two years. So...what's that been like for the borrowers, and what's in store for them when the system eventually restarts? | Subscribe to our weekly newsletter here. | Planet Money TikTok has been nominated for a Webby award! Cast your vote for us here.