The 12-month grace period for student loan borrowers ended Sept. 30. The “on-ramp” period helped borrowers who are struggling to make payments avoid the risk of defaulting and hurting their credit scores.

Soon, more than 25 million Americans may soon be receiving a similar gift from the government — perhaps call it a backdoor stimulus — in the form of student loan debt forgiven

Six Republican-led states requested the injunction, fearing the Department of Education could unlawfully cancel billions in loans.