Major Student Loan Forgiveness Deadline Nears, But Could Get Extended

A very important student loan forgiveness deadline is approaching. Borrowers who want to qualify for student debt relief or credit toward loan forgiveness may have only a few more weeks to take action.

But because of the timing of this deadline relative to full implementation of a separate student loan repayment program, coupled with ongoing loan servicing problems, there is a distinct possibility that the Biden administration could push out this key date. Here’s what borrowers should know.