Georgia Students To Benefit From Massive Loan Cancellation

Each of Georgia’s 1.6 million federal student loan borrowers has on average $42,000 in debt totaling over $68 billion.

Student loan repayment was paused early on during the pandemic by former President Donald Trump’s administration and once again in August by the current administration of President Joseph R. Biden, with payments scheduled to restart on January 31.

In late December, President Biden announced that he would again extend the repayment freeze another 90 days to May 1, 2022.

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