Biden administration extends pause on federal student loan repayments through August

Posted on AllSides April 6th, 2022
From The Left

The Biden administration is extending a pause on federal student loan repayments through August 31.

The repayment freeze, which has been in place since the beginning of the pandemic, had been scheduled to expire on May 1.

In a statement Wednesday, President Joe Biden acknowledged that the economy is stronger than it was a year ago but that "we are still recovering from the pandemic and the unprecedented economic disruption it caused."

"That additional time will assist borrowers in achieving greater financial security and support the Department of Education's efforts to...

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https://www.cnn.com/2022/04/05/politics/student-loan-moratorium-extended/index.html

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