For Immediate Release:
Thursday, December 16, 2021
Nazneen Ahmed (919) 716-0060
(RALEIGH) Attorney General Josh Stein today shared guidance for student loan borrowers about the upcoming restart of student loan payments and opportunities to apply for public service loan forgiveness. Payments, which were paused in March 2020 due to the COVID-19 pandemic, are set to restart on February 1, 2022.
“Student borrowers have navigated so many challenges over the past two years. As the federal government restarts student loan payments early next year, I want to make sure that you have the information necessary to ensure a smooth transition to repayment and avoid getting scammed,” said Attorney General Stein. “Please take action to avoid penalties. As your attorney general, I’ll continue to do everything in my power to protect borrowers.”
Student loan borrowers should prepare for the restart in loan payments by following these tips:
- Update your contact information with your loan servicer and at StudentAid.gov.
- Review the requirements for loan forgiveness programs, including the recent PSLF improvements. While many of the reforms will be automatic, some borrowers will need to take steps to benefit. Learn more about these PSLF improvements at