Student loan forgiveness in 2022: Here’s what you need to know

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Student loan forgiveness in 2022: Here’s what you need to know
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While the president recently said borrowers should use the additional time to prepare to resume payments on their student loans, progressives argue his administration should use this time to push for student loan forgiveness.

Student loan payments will resume on May 1, 2022. The president recently said borrowers should use the additional time to prepare to resume payments on their student loans. Progressives argue his administration should use this time to push for student loan forgiveness.In early December, the Biden administration confirmed the president will not extend the interest-free suspension of federal student loans, which would end on Jan. 31, 2022.

Though it’s not known if there will be another extension of the student loan pause, the president recently said borrowers should use the additional time to prepare to resume payments on their student loans. Progressives argue his administration should use this time to push for student loan forgiveness,reports. Here’s what you need to know on where the Biden administration stands with student loan forgiveness.

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