Biden Pledges to Extend Student Loan Relief
By Hugh T. Ferguson, NASFAA Staff Reporter
President-elect Joe Biden’s transition team announced that the incoming administration would continue the federal student loan administrative forbearance period, the pause in interest accrual, and the suspension of collections activity.
Per a January 8 briefing from the transition team, Biden also supports “Congress immediately canceling $10,000 of federal student loan debt per person, as a response to the COVID crisis.”
Prior to her resignation, Education Secretary Betsy DeVos extended the loan moratorium, which began at the outset of the pandemic, through Jan. 31, 2021 and asked for Congress to address the policy.
Publication Date: 1/11/2021
Comments Disclaimer: NASFAA welcomes and encourages readers to comment and engage in respectful conversation about the content posted here. We value thoughtful, polite, and concise comments that reflect a variety of views. Comments are not moderated by NASFAA but are reviewed periodically by staff. Users should not expect real-time responses from NASFAA. To learn more, please view NASFAA’s complete Comments Policy.
Related Content
After Gaining Control of House, Scott Reminds McMahon of Obligation to Preserve All Records
Today's News for November 5, 2026
New Class Action Lawsuit Alleges ED Mismanaged PSLF Buyback Applications
Evaluating the Initial Impact of OBBBA Loan Limits on Tuition
Today's News for November 3, 2026
ED Adds Naturopathic Medicine to Temporary Professional Degree List Following Court Order
You Have Questions. Here’s What We Currently Know About FSA’s Rumored Reorganization
Today's News for October 27, 2026
Trump Administration Abandons PSLF Final Rule
Institutional Registration Now Open for December FSA Conference
Today's News for October 23, 2026
AAU Lawsuit Temporarily Blocks Further Release of Section 117 Foreign Donor Identities
Federal Judge Issues Injunction Ruling Doctor of Naturopathic Medicine a ‘Professional’ Degree
Today's News for October 21, 2026
Report Details Administrative Burden of Institutional ACTS Reporting
Today's News for October 20, 2026
Potential Elimination of the Department of Education and Its Impact on Federal Student Aid
Off the Cuff - Episode 372 Transcript
ED Extends FVT/GE Deadline for 2026 Reporting Cycle
Today's News for October 9, 2026
Complete Active Confirmation Requirements by Dec. 31 to Retain User Access to FSA Systems
Today's News for October 8, 2026
NASFAA, Higher Ed Organizations Raise Concerns Over ED’s General Administrative Regulations
Today's News for October 2, 2026
ED and Treasury Launch Support Center for Defaulted Borrowers
Today's News for October 1, 2026
COD Creates Manual Fix for Rejected Dual Degree Student Records
Today's News for September 30, 2026
Today's News for September 28, 2026
UPDATE: ED Explains Large Batches of Reprocessed UEH-Flagged ISIRs
NASFAA Submits Comments on SSA and ED Matching Program
Today's News for September 25, 2026
FSA Announces In-Person Conference on December 14-16
FSA Guidance: Increase in UEH Reason Codes on ISIRs
Off the Cuff - Episode 371 Transcript
FSA Officially Launches 2027-28 FAFSA
Today's News for September 24, 2026
Legislative Tracker: Quality & Accountability
Schools Reporting Unusually Large Batches of Reprocessed UEH-Flagged ISIRs
Today's News for September 23, 2026
NASFAA Comments Federal Student Aid's (FSA) FY 2026-30 Draft Strategic Plan
NASFAA, Higher Ed Organizations Raise Concerns Over ED’s General Administrative Regulations
NASFAA Submits Comments on Accreditation, Innovation, and Modernization NPRM
Today's News for September 22, 2026
Deadline for SAVE Borrowers to Enroll In Another Repayment Plan Nears for Some
NASFAA Signs Onto Letter Commenting on ED’s Proposed Accreditation Overhaul
NASFAA Comments Accreditation, Innovation, and Modernization (AIM) Notice of Proposed Rulemaking
Advertisement
You must be logged in to comment on this page.