September 2021 will likely be the last month of the CARES Act forbearance for all federal student loans.
Biden has not included student loan forgiveness in his annual budget which means it is not likely there will be any blanket forgiveness. He will likely take a similar approach to Obama and modify/improve current student loan policies.
There is still time to keep $0 or low monthly payments if you sign up for the right repayment plan.
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