President Joe Biden has announced another extension of coronavirus emergency relief benefits for borrowers with federal student loans through August 31, 2022.

The original coronavirus relief bill, known as the CARES Act and signed into law on March 27, 2020, helped most federal student loan borrowers by temporarily pausing payments and involuntary collections on federally held student loans through September 30, 2020.  

Since that date, there have been additional extensions and with the most recent announcement, most borrowers with student loans held by the federal government will not be required to make payments on those loans nor have interest accrue on them. In addition, collections activities such as wage garnishment and the reduction of tax refunds have been prohibited.

The Biden Administration also plans to provide a “fresh start” on repayments to all borrowers with paused loans by “eliminating the impact of delinquency and default and allowing them to reenter repayment in good standing,” according to a press release posted online by the U.S. Department of Education.

Read the full Press Release
Share this

Recent Posts

President’s Message: Academy Teamwork

“Huh?” Is More Than an Interrogatory Palindrome!

Volunteer Spotlight: Riley DeBacker, AuD, PhD

Related Posts

Biden-Harris Administration Releases Playbook to Address Social Determinants of Health (SDOH)

A growing body of evidence demonstrates the connection between health outcomes to income, education, nutrition, housing, environmental exposures, and other social circumstances.  Similarly, studies have shown that interventions addressing SDOH can improve health outcomes and reduce health care costs. In response, the Biden-Harris Administration has released a playbook outlining new or strengthened initiatives that agencies…

Read More

Free Hearing Aids from Cochlear Implant Manufacturer May Violate Fraud and Abuse Laws

The U.S. Department of Health and Human Services Office of Inspector General (OIG) posted on October 25, 2023 Advisory Opinion No. 23-08, in which OIG rejected a proposed arrangement from a cochlear implant device manufacturer (the requestor) that would provide a free hearing aid to certain qualified patients who received a cochlear implant. OIG concluded the…

Read More

Representatives Bilirakis and Cartwright Introduce the Medicare Audiology Access Improvement Act of 2023 (H.R. 6445) 

On November 17, 2023, Representative Gus Bilirakis (R-FL) and Matt Cartwright (D-PA) introduced the Medicare Audiology Access improvement Act (H.R. 6445). This legislation is also co-sponsored by Representatives Johnson (R-OH), Shakowsky (D-IL), Mace (R-SC), Blunt Rochester (D-DE), Fitzpatrick (R-PA), Trone (D-MD), Webster (R-FL), Cohen (D-TN), LaMalfa (R-CA), Grijalva (D-AZ), Foster (D-IL) and Pocan (D-WI). Senators Elizabeth…

Read More