Скачать или смотреть Student Loan EXTENSION! What You NEED To KNOW About Your Federal Student Loans.

In this video we are going to discuss President Joe Biden recent student loan extension (Federal student loan extension) and what you need to know about your federal student loans. Good news!
Biden’s Extension Of Student Loan Freeze Will Continue To Count Towards Loan Forgiveness.

President Joe Biden signed an executive order on Wednesday directing the Department of Education to extend the current moratorium on student loan payments, interest, and collections. It was one of Biden’s first official acts as President following his inauguration. In April of last year, Congress passed the CARES Act in response to the growing economic devastation brought about by the COVID-19 pandemic. The Act provided relief to borrowers with government-held federal student loans by pausing their payments, freezing interest accrual, and halting all collections efforts on defaulted loans. The moratorium was originally scheduled to expire last year, but the Trump administration extended the relief twice. The most recent extension was scheduled to expire on January 31.

Additionally, if you have a Direct Loan and work full-time for a qualifying employer during the suspension, then you will receive credit toward PSLF... for the period of suspension as though you made on-time monthly payments in the correct amount while on a qualifying repayment plan. The new approved student loan extension is through September 31, 2021.





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