Federal student loan borrowers anticipating the return of their regular student loan payments Oct. 1 can once again breathe a sigh of relief: The pause will continue through Jan. 31, 2022, the Department of Education announced Friday.
The department says the extension — the fourth since March 2020 — will be the last. As with previous extensions, this forbearance does not apply to private student loans.
The move means that by Jan. 31, there will have been nearly two years of payment relief for federal student loan borrowers.
