Student loan repayment pause extended through August
This is the sixth time the moratorium has been extended due to pandemic-related economic disruptions in the last two years.
By Christian Elliott
Student loan repayment pause extended through August
This is the sixth time the moratorium has been extended due to pandemic-related economic disruptions in the last two years.
By Christian Elliott
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The Biden administration announced Wednesday it’s again extending the moratorium on federal student loan payments until Aug. 31. The U.S. Department of Education also plans on resetting the accounts of seven million borrowers who are in default.
Reset learns more about how these repeated extensions are affecting borrowers and what else could be done to address the $1.6 trillion Americans owe in student debt.
GUEST: Natalia Abrams, president and founder of Student Debt Crisis Center