The Biden administration is expected to announce an extension of the federal student loan payment pause Wednesday, according to an administration official familiar with the White House's decision-making.
The Biden administration is expected to announce an extension of the federal student loan payment pause Wednesday, according to an administration official familiar with the White House's decision-making. The move would delay the repayment of student loans until August 31. The payment pause was previouslyRoughly 37 million student loan borrowers have been in limbo for several months over whether the payment pause would be extended.
Earlier this month, White House Chief of Staff Ron Klain said the decision on whether there could be forgive student debt through executive action was going to be made before the payments resume or the president would extend the pause. While the Biden administration plans to extend the federal student loan payment pause, first reported by Politico, no decision has been announced on canceling student loan debt. The president has previously said he would like Congress to get involved and suggested canceling $10,000 in student loan debt. But tackling student loan forgiveness in Congress would face an uphill battle with Republicans opposing the move.
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White House to extend student loan pause through AugustWASHINGTON (AP) — The Biden administration plans to freeze federal student loan...
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White House Plans to Extend Student Loan Pause Through AugustThe action applies to more than 43 million Americans who owe a combined $1.6 trillion in student debt held by the federal government.
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White House to extend student loan pause through AugustThe Biden administration plans to freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic.
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White House to extend student loan pause through AugustUS official says the White House plans to extend the pandemic pause on student loan repayments through Aug. 31.
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White House Extending Student Loan Pause Through AugustThe Biden administration plans to freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic.
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White House to extend student loan pause through AugustThe Biden administration plans to extend the freeze on federal student loan payments through Aug. 31, according to an administration official. Student loan payments were scheduled to resume May 1 after being halted since early in the pandemic.
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