On Sept. 30, Hannah Regier called the Vermont Student Assistance Corporation, the state’s nonprofit lender, seeking information about student loan relief.
According to the Vermont Student Assistance Corp. President Biden’s plan for debt relief means that Vermont federal student loan borrowers earning less than $125,000 will be eligible for up to $10,000 of undergraduate student loan cancellation.
The Biden Administration announced last Wednesday that it would extend the moratorium on federal student loan repayments, which was due to expire in early February, to May 1.