President Biden extends moratorium on student loan payments

The Biden administration will extend the pause on student loan payments once again, President Joe Biden announced on Tuesday, as the program to cancel millions of peoples' student loans remains tied up in the courts.

The extension is intended to give the Supreme Court time to rule on the lawsuits brought against Biden's student loan program during its upcoming term. The pause on payments will lift either 60 days after the Supreme Court issues a decision on the program, or 60 days after June 30, depending on which date comes first,...