Student loans are on hold — should you pay anyway?

(NerdWallet) - Payments are currently suspended, without interest, for most federal student loan borrowers through Aug. 31, 2022. This policy does not apply to private student loans.Borrowers can still make payments to lower their debt during this period of suspended payments, called a forbearance. According to the latest federal data, a total of 500,000 borrowers (about 1.16% of all 42.9 million federal loan borrowers) continued making payments during the pause.  Contact your servicer if y