the COVID-19 national emergency (1) Minimum student loan relief as a result of the COVID-19 national emergency Not later than 270 days after the last day of the COVID-19 emergency period, the Secretaries concerned shall jointly carry out a program under which a qualified borrower, with respect to the covered loans and private education of loans of such qualified borrower, shall receive in accordance with paragraph (3) an amount equal to the lesser of the following: (A) The total amount of each covered loan and each private education loan of the borrower