In December President Biden extended the pause on student loan repayment for another 90 days. It was set to expire on January 31, 2022 but will now be extended until May 1, 2022.
The interest rate on loans will continue at 0%, no payments are required, and any collection efforts are suspended. The suspension has now been in effect since March of 2020 and applies to more than 36 million Americans who have federal student loans.
Author(s)
Stuart J. Oberman, Esq.
Danielle L. Schlaufman McBride, J.D., LL.M.
Danielle L. Schlaufman McBride has been practicing law for over 21 years, and her primary focus is representing healthcare clients on a local, regional, and national basis. Ms. McBride regularly consults with clients regarding simple to complex healthcare transitions, including mergers and acquisitions, employment law, governmental compliance, tax strategies, practice valuations, DSO formation and structures, employee compensation, associate and partnership contracts, joint ventures, and partnership buy-in/buy-outs. Read More =>
