The Education Department announced Tuesday a new round of student loan relief for approximately 1 million borrowers, continuing a week-long chain of announcements aimed at relieving financial burden for borrowers who defaulted on student loans during the coronavirus pandemic.
“At a time when many student loan borrowers have faced economic uncertainty, we’re ensuring that relief already provided to borrowers of loans held by the Department is available to more borrowers who need the same help so they can focus on meeting their basic needs,” Education Secretary Miguel Cardona said in a statement. “Our goal is to enable these borrowers who
