Republican House Speakeris struggling to corral his conference to move forward on a string of spending bills that will keep the federal government working past the September 30 funding deadline. Should the stalemate continue, the government will shut down, disrupting the lives of millions of Americans.
"Programs with mandatory funding can make obligations and payments during a shutdown. Examples of such programs include Pell Grants and Federal Direct Student Loans," a 2021 education department contingency plan says. Interest payment on federal student loans restarted at the beginning of September, and the overall payments are due to resume in October after a more than three-year hiatus. A shutdown may not change that timeline.
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