AAC&U Signs Letter to Extend Current Suspension of Payment and Zero Percent Interest for Federal Student Loan Borrowers

Friday, November 20, 2020 - 11:30

AAC&U has joined the American Council on Education and other higher ed associations in writing to Secretary of Education Betsy DeVos asking for an extension the current suspension of payment and zero percent interest for federal student loan borrowers, as well as the suspension of collections on defaulted loans. These measures will protect student loan borrowers from the current volatile economic market until financial conditions improve.