Democrats want federal student loans paused until March 2022: Here are the options private loan borrowers have
By Kelsey Ramirez article
Federal student loan payments are set to begin again in October, but Senate Democrats want to extend the payment freeze. (iStock)
Key Senate Democratic lawmakers are pushing President Joe Biden to extend the federal student loan payment freeze put in place due to coronavirus pandemic last year until at least March 2022, as servicers report that they re unprepared to resume payments this September.
Sens. Elizabeth Warren (D-Mass.), Ed Markey (D-Mass.) and Tina Smith (D-Minn.)
sent a letter at the end of June to CEOs of all federal student loan servicing companies, questioning their preparedness to get student loan borrowers back on their loan repayment plan when the forbearance period ends on Oct. 1, 2021. The senators recently released responses from that letter, revealing that servicers were concerned about their ability to end student loa
Democrats want federal student loans paused until March 2022: Here are the options private loan borrowers have
fox35orlando.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox35orlando.com Daily Mail and Mail on Sunday newspapers.
Democrats want federal student loans paused until March 2022: Here s the options private loan borrowers have
q13fox.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from q13fox.com Daily Mail and Mail on Sunday newspapers.