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The Biden administration will officially enact another extension of the pandemic payment pause related to federally-backed student loans through the end of August.
The Biden administration will enact another extension of the pandemic payment pause related to federally-backed student loans through the end of August, according to multiple reports.
During 2021−22, the newly inaugurated Biden administration extended the pause several more times, announcing that a final extension would last through December 31, 2022. In October 2021, the Biden administration used the HEROES Act to reform a student debt forgiveness program for public workers.
While the Biden administration called the latest extension the "final" one, some experts predict the pause could be extended if the legal uncertainty over a new student loan forgiveness plan ...
President Biden faces a ticking timer on the resumption of student loan payments by the end of the summer — but will he allow it to go off? The payments, paused amid the coronavirus pandemic ...
The Biden administration on Wednesday extended a student loan moratorium that has allowed millions of Americans to put off debt payments during the pandemic. Under the action, payments on federal ...
Democratic lawmakers including Majority Leader Chuck Schumer and Sen. Elizabeth Warren applauded Biden's extension on the pause of student loan debt payments.
President Biden announced on Dec. 22 that the student loan repayment pause has now been extended until May 1, 2022, citing the ongoing COVID-19 crisis as the reason for the extension. Student loan...