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 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.