Sunday, August 1, 2021

Continuing Relief for Borrowers? - Alexis Gravely, Inside Higher Ed

Calls are continuing to grow for the Biden administration to extend the student loan repayment "pause" that expires at the end of September, as recent survey data show that borrowers aren’t prepared for payments to resume, while the Department of Education has yet to communicate a decision with the deadline fast approaching.An analysis by the Pew Charitable Trusts found that two-thirds of respondents to a survey conducted this past spring said it would be difficult for them to afford payments if they resumed a month from the date they took the survey.