University of Minnesota Extension

Extension is expanding its online education and resources to adapt to COVID-19 restrictions.

Extension > Extension in your Community > Nobles > County Personal Finance Educator > Articles > Student Loan Repayment Implications

print icon email icon share icon

Student Loan Repayment Implications

In response to public health and economic needs due to the Coronavirus pandemic, Congress passed emergency legislation that was signed into law by President Trump on March 27, 2020. Included in this legislation are several provisions to provide temporary relief to the 44.7 million Americans with student loan debt. 

This page provides a summary of key provisions included in the legislation. Keep in mind that with all new legislation, questions are likely to arise as details of the legislation are worked out. Resources are provided at the end of this summary so that borrowers have access to accurate and updated information as the implementation of the legislation progresses.