Latest Update: Budget Reconciliation in the Senate
Just before the winter holiday, President Biden signed HR 5545, the Responsible Education Mitigating Options and Technical Extensions (REMOTE) Act into law. The measure will extend full GI Bill benefits to student veterans taking remote classes through summer 2022. Representative David Trone (D-MD), the sponsor of the legislation, stated in a press release “Our student veterans’ housing benefits were threatened when colleges and universities moved to remote learning, leaving veterans still living on campus in the lurch. This was not right, and we fixed it. The REMOTE Learning Act extends housing benefits to veterans during the pandemic, as our educational institutions continue to grapple with new variants and other challenges brought by COVID-19.” CGS signed on to letters to Congress in October and November 2021 regarding resolving the rounding out issue that impacts student veterans.
President Biden Announces Additional Pause on Student Loan Repayment
This is the third time student loan payments have been paused during the Biden Administration. The first pause was announced on Biden’s first day in office through September 2021. The second pause was announced in August 2021 through January 31, 2022.
For more information, please read the U.S. Department of Education’s press release on this latest pause in student loan repayments.