Student Loan Forgiveness COVID: Your Ultimate Guide for Relief and Savings


Student Loan Forgiveness COVID: Your Ultimate Guide for Relief and Savings

Student loan forgiveness during COVID-19 (student loan forgiveness COVID) is the federal government’s initiative to pause and forgive specific portions of federal student loans for the time being. For instance, the government has extended the student loan payment suspension period through August 31, 2023.

Student loan forgiveness COVID is significant because it provides relief to borrowers who are struggling to make payments during the pandemic. Thus far, it has provided more than \$28 billion in relief to more than 1.6 million borrowers.

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