Education Secretary Betsy DeVos has extended an existing moratorium on student loan payments, interest, and collections into 2021. The U.S. Department of Education announced the update in a press release on Friday. Heres the latest.
For much of 2020, millions of student loan borrowers have not had to repay their federal student loans because of emergency pandemic relief under the CARES Act. This legislation suspended all payments and interest on government-held federal student…
Read the full article at: https://www.forbes.com/sites/adamminsky/2020/12/04/devos-extends-student-loan-relief-into-2021-heres-what-you-need-to-know/