President Biden is extending the student loan repayment freeze until January 31, 2022. The freeze was scheduled to end September 30, 2021 until this afternoon's announcement. Starting February 1st, over 43 million accounts will resume payments at the same time. Loan servicers are notoriously poor at customer service even in the best of circumstances. You can expect call lines to be inundated with borrowers wanting to review their options. No one wants to get caught in that deluge. Take the time now to review your loans and revisit your payment options. If you had changes in income or marital status, your current repayment plan may not be the right fit any more. Student loans are confusing and trying to figure out how to pay back your loan and life your life can be overwhelming. If you need help figuring out what course of action to take before the freeze ends, feel free to contact us here.