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
NASFAA Comments on Proposed Changes to Repayment Plan Selection Form
Today's News for June 10, 2026
Lawmakers Call on ED to Address Borrower Default and Delinquency Rates
ED Confirms No Resolution Required for Comment Code 352
NASFAA Comments Joint Consolidation Loan Separation Application
Federal Student Aid Changes Implemented Through Reconciliation
FSA Provides Best Practices For Institutions to Prevent FAFSA Fraud
Duplicative PSLF Buyback Applications Could Reduce Ongoing Processing Backlog
ED Provides Schedule and Links for Upcoming OBBBA Webinars and Virtual Office Hours
ED Publishes FAQ Addressing New OBBBA Loan Limits, Questions Remain
NASFAA Submits Comments on COD Updates
NASFAA Submits Comments on NSLDS Updates
NASFAA Deep Dive: ED Releases Final Rule for Pell Grant Provisions of OBBBA
Coalition of 25 States Sue ED Over OBBBA Loan Limits, Claim New Rule Will Worsen Workforce Shortages
NASFAA Comments on Regulations for Accountability Framework of OBBBA
NASFAA Signs Onto Letter Voicing Concerns Over Processing Delays in DACA Renewals
McMahon Testifies on Trump’s FY 2027 Budget Request, OBBBA Implementation, and 'Dismantling' ED
Legislative Tracker: Quality & Accountability
Student Aid Alliance Voices Concerns Over ED’s FY 2027 Budget Request
Lawmakers Introduce Resolution to Rescind OBBBA Student Loan Rule
NASFAA Requests Institutional Flexibilities for OBBBA Implementation
Federal Student Aid Program Summary for 2026-27
ED Publishes Final Regulations Implementing OBBBA Federal Student Loan Changes
Today's News for April 28, 2026
Off the Cuff - Episode 360 Transcript
Today's News for April 23, 2026
U.S. Department of Education Sessions & Ask a Fed
ED Issues Proposed Regulations for New STATS Earnings Accountability Framework
Today's News for April 21, 2026
In a Reversal, ED Says Graduate PLUS Loans Will Count Toward New Lifetime Borrowing Limit
Off the Cuff - Episode 359 Transcript
Democrats Unveil Resolution to Rescind ED’s PSLF Rule
ED Announces Launch of FAFSA Real-Time Identity Fraud Detection Capabilities in Late April
Advertisement
You must be logged in to comment on this page.