Actions Last Week Extend the Student Loan Debt Cliff and Protect DACA

janresseger

There is a lot to worry about right now—an unhinged President who has given up governing, a divided Congress, a raging pandemic, and, so far at least, Congressional failure to pass an economic relief bill as the COVID-19 recession intensifies.

Two developments last week should, however, be seen as hopeful. Both will protect vulnerable young people through the Presidential transition and into the Biden administration, when it is expected that policies will be revised.

Student Loan Debt Cliff Extended until January 31st to Protect 41 Million Borrowers

Last Friday, Betsy DeVos extended a COVID-19 moratorium on the collection of student loan payments, a moratorium that had been expected to expire on New Years Eve. The moratorium on student loan payments began with the CARES Act and last summer had been extended by President Trump’s executive order until December 31.

Politico‘s Michael Stratford reports: “The Trump administration on Friday…

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