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Student Loan Forgiveness 2022: Explained, Apply

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In order to assist working and middle federal student loans debtors as pandemic-related relief runs out, President Biden, Vice President Harris, as well as the U.S. Department of Education has unveiled a three-part proposal. Up to $20,000 in loan forgiveness is included in this strategy.

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What must I do to qualify for this relief may be a common question for many borrowers and families. These questions and more can be addressed on this page. More information will be released in the upcoming weeks.

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1. The repayment of student loans suspension has been extended in full.

The Biden-Harris Administration has repeatedly prolonged the student loan repayment moratorium due to the economic difficulties brought on by the pandemic.

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The Biden-Harris Administration will prolong the suspension one further time through December 31, 2022, with payments beginning in January 2023, in order to ensure a smooth transition to repayment and avoid unneeded defaults.

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