What this means for your student loans.
4. Never say never with student loans
Never say never with student loans. One minute, it seems that there won’t be any more student loan relief. The next, there’s three more months of student loan relief. . The spike in Covid cases from the Omicron variant, coupled with continued financial struggles for at least some student loan borrowers, were some factors that may have led the president to extend student loan relief. The bottom line: student loan relief is fluid.
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Pause on student loan payments is extended through May 1Interest rates will remain at 0%, and debt collection efforts will continue to be suspended. Those measures were set to expire Jan. 31.
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