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Department of Education Extends Federal Student Loan Reief

  • Posted
  • Jul 17, 2022
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Department of Education Extends Federal Student Loan Reief

On April 6, the U.S. Department of Education announced it will extend the federal student loan relief until August 31, 2022 [U.S. Department of Education, Press Release, 4-6-22].

During this extension of relief for federal student loan borrowers, repayments, interest, and collections are still halted, and any borrower with defaulted federally held loans whose employer continues to garnish their wages will receive a refund of those garnishments.

The relief had been set to expire on May 1. The Department of Education will release information about the payment restart as the end of the pause approaches
Courtesy of the APA Jyme Mariani, Esq.

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