Education Dept. extends deadline for defaulted student loan borrowers to get current

• The Education Department has extended the deadline for its Fresh Start program for defaulted student loan borrowers until Wednesday morning.
• Borrowers who apply for the limited opportunity will be returned to good standing on their loans, and able to avoid the impact of delinquency and default.

The U.S. Department of Education has extended the deadline for its Fresh Start program for defaulted student loan borrowers until Wednesday morning, according to an agency spokesperson.

Borrowers who apply for the limited opportunity will be returned to good standing on their loans, and able to avoid the impact of delinquency and default.

The original deadline for the Fresh Start program was Sept. 30, but an issue on their website led the department to decide to give borrowers until Wednesday at 3 a.m. to apply for it, the spokesperson told CNBC.

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