• All federal student loans have been in forbearance with 0% since March 2021 due to the CARES Act.

• 1 in 4 Americans were delinquent or in default prior to the CARES Act and unemployment levels have not recovered to pre-pandemic levels.

• The Secretary of Education and over 120 consumer protection agencies are petitioning and predicting that the student loan forbearance will be extended to March 2022.


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