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AAU, Higher Ed Organizations Urge Senate To Expand And Extend Student Loan Relief

AAU joined ACE and 45 other higher education organizations on a letter to Senate leaders urging them to expand and extend relief for student loan borrowers in the forthcoming COVID-19 relief bill. The organizations recommend that the future pandemic relief bill include an extension of the current student loan grace period and of the temporary relief included in Sec. 3513 of the CARES Act for at least the next six months or until April 2021. The letter notes that these changes will help “borrowers who would otherwise struggle to repay their loans,” avoid needless confusion for borrowers, and reduce expenses for the Education Department.

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