Policymakers are waking up to the fact that the Student Loan Crisis is not a fever dream of selfish millennials. As a result, policy conversations around “student loan relief” are happening for the first time ever. This article is intended to provide a summary of how the CARES Act and related laws have impacted student loan borrowers, and to discuss briefly some of the proposals intended to provide relief for struggling borrowers.

In March 2020, within weeks of the financial collapse, the former administration issued guidance that government-held student loans would be set to a 0% interest rate for the duration of the crisis….

Read the rest of the article here