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Yes, you are still responsible for paying your student loans during a government shutdown

The SAVE plan was designed to reduce borrowers’ monthly payments by half, allow many borrowers to make $0 monthly payments and ensure borrowers don’t see their balances grow from unpaid interest, according to the White House.

The Education Department has also created a temporary on-ramp transition period if you’re unable to make payments right away when they resume in October. You don’t need to request or enroll in the on-ramp period if your loans were eligible for the payment pause.

During the on-ramp transition period, payments are still due, and interest will continue to accrue, but borrowers who fail to pay will not be reported as delinquent to national credit reporting agencies. The on-ramp transition period runs from Oct. 1, 2023, to Sept. 30, 2024.

“This on-ramp period protects borrowers from having a delinquency reported to credit reporting agencies. This prevents the worst consequences of missed, late or partial payments,” Federal Student Aid says on its website.

In an email, TISLA president Betsy Mayotte told VERIFY “it’s important for borrowers to know that even though they aren’t reporting delinquencies during the on-ramp, not paying could still end up negatively impacting their credit.”