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A Note on the Expected Expiration of Federal Student Loan Forbearance

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On April 6, 2022, the Department of Education (DoEd) announced a new extension on the forbearance provision for federal student loans, which is now set to expire on August 31, 2022, almost 30 months after being set for the first time. These measures—originally intended for a period of 60 days—applied exclusively to federal student loans owned by the Department of Education, a little more than 80 percent of the current $1.75 trillion outstanding student loan debt.

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  • Hannah Case & Simona Hannon & Alvaro Mezza, 2022. "A Note on the Expected Expiration of Federal Student Loan Forbearance," FEDS Notes 2022-05-27-1, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2022-05-27-1
    DOI: 10.17016/2380-7172.3090
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    File URL: https://www.federalreserve.gov//econres/notes/feds-notes/a-note-on-the-expected-expiration-of-federal-student-loan-forbearance-20220527.htm
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