Biden Could Extend Student Loan Relief Beyond September 30, Even If Unemployment Benefits And The Eviction Moratorium End

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Biden May Extend Student Loan Relief Beyond September 30, Even If Unemployment Benefits And Eviction Moratorium Will End

Student loan payments may be delayed beyond September 30, even if unemployment benefits and the eviction moratorium are ending.Student loan borrowers, Sen. Elizabeth Warren and now some members of the U.S. Department of Education are all lobbying President Joe Biden tono federal student loan payments;no collection of student loan debt in default, including garnishment of wages.

Some have called to extend this temporary student loan relief until March 31, 2022. Others have said to postpone student loan payments until the “end of the Covid-19 pandemic,” without specifying a specific date or how “the end” is determined. Others are hoping for an extension of any kind, even for a month or until year end.However, there is no guarantee that this temporary student loan forbearance will be extended.

 

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