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Pause on Student Loan Repayment Extended

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.

Stuart J. Oberman, Esq.
President & CEO | Website | + posts

Stuart J. Oberman is the founder and President of Oberman Law Firm. Mr. Oberman graduated from Urbana University and received his law degree from John Marshall Law School. Mr. Oberman has been practicing law for over 30 years, and before going into private practice, Mr. Oberman was in-house counsel for a Fortune 500 Company.

Danielle L. Schlaufman McBride, J.D., LL.M.
Partner | Website | + posts

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 =>