You Now Have More Time to Repay Student Loans. Here’s How to Take Advantage of This ‘Fantastic Opportunity’

If you have federal student loan debt, you now have approximately six months to prepare for payments on that debt to restart. Last week, President Joe Biden’s administration announced it is stretching out the moratorium on federal student loan payments until Jan. 31, 2022. “What a fantastic opportunity for borrowers to take more control of their finances,” says Laurel Taylor, CEO and founder of FutureFuel.io, a student debt repayment platform. “It will be near two years of payment suspension as we look to January 31. I would really encourage borrowers to maximize this opportunity — whatever that means to them.” Read more >>