Thursday, September 8, 2022

Student Loan Forgiveness

Student Loan Payments to Restart After Dec. 31, 2022

Career College of Norther Nevada is committed to keeping you updated with changes to the student loan program.

The Department of Education recently announced a new on-time student loan cancellation based on income, as well as extending the payment and interest pause on federal student loans.

The Aug. 24 announcement included the following steps to help borrowers transition back to regular payments as pandemic-related support expires:

  1. Extension of the payment pause – No payments are due, and no interest will be charged through Dec. 31, 2022.
  2. Targeted debt relief to low- and middle-income families.

You can find all the details about these changes at StudentAid.gov/debt-reflief-announcement .

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