What recent measures have been taken by the Department of Education to support student loan borrowers affected by COVID-19?
What recent measures have been taken by the Department of Education to support student loan borrowers affected by COVID-19?
In response to the ongoing financial challenges faced by student loan borrowers during the COVID-19 pandemic, the Department of Education has implemented recent measures aimed at providing additional relief. These measures include extending the federal student loan payment suspension, addressing unique challenges faced by borrowers in default, and improving communication regarding available relief options. By providing these targeted actions, the Department aims to alleviate some of the pressures associated with student loan repayment during these unprecedented times.