Home USA News Biden administration extends student loan freeze, forgiveness still tied | Video

Biden administration extends student loan freeze, forgiveness still tied | Video

46
0

The Biden administration is extending the freeze on student loan payments, a pandemic-era policy that began in March 2020 to help people struggling to make payments. The most recent pause was set to end on January 1, but will now stretch until June 2023 as the White House’s broader debt relief plan remains in the courts.

In an interview with NJ Spotlight News, Beverly Brown Ruggio, director of New Jersey Citizen Action’s financial justice program, explains what this means for borrowers.

The views of our advertisers and sponsors are their own and are not endorsed by NJ Spotlight News.

Source link