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Student Debt Relief

Updated Information on Student Loan Debt Relief

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On August 28th, the Department of Education and the Biden-Harris Administration announced a three-part Student Debt Relief Plan, to include:

  1. a final extension of the student loan repayment pause through December 31, 2022 [Update: On November 22,2022, the U.S. Department of Education announced an extension of the pause on student loan repayment, interest, and collections].
  2. for student loan borrowers with individual incomes less than $125,000 (or $250,000 for households), up to $20,000 in debt cancellation to Pell Grant recipients with loans held by the Department of Education, and up to $10,000 in debt cancellation to non-Pell Grant recipients. The relief includes current students and borrowers who have federally-held undergraduate, graduate, and Parent PLUS loans that have been fully disbursed by June 30, 2022.
  3. a new income-driven repayment plan that will substantially reduce future monthly payments for lower- and middle-income borrowers.

To apply for federal student loan debt relief, please visit: For more information, including a set of Frequently Asked Questions, please visit To be notified of Federal Student Loan Borrower updates, sign up at the Department of Education subscription page.

Infographic showing steps for loan forgiveness

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