Groups Urge DeVos to Extend the Suspension of Federal Students Loans

CFA joined 77 community, civil rights, consumer, and student advocacy organizations in urging Education Secretary DeVos to extend the suspension of payments on federal student loans through September 2021. The current suspension on federal student loans is set to expire on December 31, 2020. If the Education Department doesn’t extend the current suspension, borrowers will find it harder than ever to make ends meet as they are thrown back into repayment or forced collections while the economy continues to suffer.