Student Loan Relief Extension

 While the Department of Education says not to expect another break, debt relief for student loan borrowers has been extended into 2022.Federal student loan payments and interest were paused to help people that are struggling to make ends meet because of the pandemic, thanks to the Coronavirus Aid, Relief and Economic Security Act, AKA Cares Act. Collections actions on defaulted loans were halted, as was negative credit reporting.The original plan was to resume student loan payments on September 30, 2021, but forbearance has been rescheduled to extend to January 31, 2022.


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