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If you'd like to help us continue producing videos feel free to giving what ever you like through:
Venmo - @PrincipiaPrep
Or
Buy Me A Coffee - [ Ссылка ]
In this video, "Student Loan Forgiveness Update - Is Another Extension In The Works?" We talk about the newest news that has come out about the Biden administration looking to extend the Federal Loan Forbearance past the the May 1, 2022 deadline set back in February. Student Loan Payment Pause Extended Through May 1, 2022
On Dec. 22, 2021, the U.S. Department of Education (ED) extended COVID-19 emergency relief for student loans through May 1, 2022. The emergency relief includes the following measures for eligible loans:
a suspension of loan payments
a 0% interest rate
stopped collections on defaulted loans
Have questions? Find out what loans qualify and get additional information about the COVID-19 emergency relief for student loans.
Biden's latest focus is improving the Public Service Loan Forgiveness (PSLF) program, which helps student loan borrowers such as first responders, teachers, service members in the military, nurses, doctors and other public servants get federal student loan cancellation. As part of the College Cost Reduction and Access Act, Congress created the federal program on a bipartisan basis in 2007 during the President George W. Bush administration. As of April 30, 2021, the U.S. Department of Education has cancelled $452.7 million of student loan debt for 5,467 student loan borrowers through the Public Service Loan Forgiveness program.
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If you need help with the college process please fee free to contact us at info@principiaprep.com or call at 908-400-1363.
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