“Here’s what you need to know — and what it means for your student loans.
“Student Loans
“President Joe Biden made it final this week: temporary student loan relief will end, and federal student loan payments will restart beginning February 1, 2022.
“That may come as a major surprise to at least some of the 40+ million student loan borrowers who will be impacted by the decision. (No, Biden won’t extend student loan relief again). Here’s why Biden made the decision.
“1. Student loan borrowers got 22 months of student loan relief
“Since March 2020, student loan borrowers have enjoyed unprecedented student loan relief in response to the Covid-19 pandemic.
“Congress passed the Cares Act — a $2.2 trillion stimulus package — that included significant student loan relief for federal student loan borrowers.”
Read more at Forbes
