The Biden Administration's Student Loan Debt Relief Plan

August 29, 2022

The U.S. Department of Education announced a three-part plan to help federal student loan borrowers transition back to regular payment as pandemic-related support expires. This plan includes:

  • Final extension of the student loan repayment pause
  • Providing targeted debt relief to low- and middle-income familes
  • Make the student loan system more manageable for current and future borrowers

Studentaid.edu/debtrelief is the best source for detailed and updated information on the newly announced Federal Student Loan Forgiveness program and other changes to federal student loans.