Study Guide
Our Akin Study Guide blog features the latest news and insights impacting key players in the education industry, including universities, colleges, academic medical centers and education service providers.
Search Results
Study Guide
On Wednesday, December 22, the Biden-Harris administration announced its decision to provide federal student loan borrowers an additional 90 days of repayment relief. This pause on federal student loan repayments is scheduled to last through the start of May 2022. This is the third time the administration has extended the repayment moratorium since taking office in January 2021.
Study Guide
The Department of Education announced an overhaul to the Public Service Loan Forgiveness Program on Wednesday, October 6, 2021. These significant, but temporary, changes to the often criticized system are expected to help hundreds of thousands of public service workers with student loan debt—including teachers, nurses, first responders, nonprofit workers and government workers.
Study Guide
On Friday, August 6, the Department of Education announced its “final” extension of the federal student loan repayment moratorium, which was enacted via the passage of the Coronavirus Aid, Relief and Economic Security (CARES) Act (P. L. 116 – 136). While repayments, interests and collections were set to resume on Friday, October 1, 2021, the deadline has now been extended until Monday, January 31, 2022.
