So what would happen if instead of loan forgiveness the US government decided that for all existing contracts it is currently March 31st and will continue to be

So what would happen if instead of loan forgiveness the US government decided that for all existing contracts it is currently March 31st and will continue to be March 31st for the next 60 days. At that point a lot of things stop Getting but I would assume a lot of things break as well. The closest thing out there to just stopping time.