President Biden recently announced that student loan forbearance would be extended through January 2022. The pandemic-related relief measure pauses payments and waives interest on federal student loans. The moratorium, which has been in place since March 2020, was set to expire at the end of September.
At Goodly, we partner with companies to help them offer student loan repayment and financial wellness benefits — and we hear a lot of questions on those topics. Below are some of the most frequently asked concerns of employee-borrowers and employers about the forbearance extension.
