Skip to main content

Headline Roundup May 15th, 2023

Education Secretary Says Federal Student Loan Pause Will Soon End

Summary from the AllSides News Team

Education Secretary Miguel Cardona said last week that the current federal student loan payment pause will end "no later than June 30."

Key Details: The pause began on March 13, 2020 in response to the national COVID-19 public health emergency. After that emergency declaration expired last week, payments are set to resume. 

Key Quote: β€œThe emergency period is over, and we’re preparing our borrowers to restart,” Cardona said at a Senate Appropriations hearing on Thursday.

For Context: Last November, the Biden Administration extended its pause of student loan repayments through June 1, 2023. On February 28th, the Supreme Court heard oral arguments on the debt relief plan from Biden Administration officials and its challengers. The debt relief plan would cancel up to $10,000 for individual borrowers who make under $125,000 a year and up to $20,000 for Pell Grant recipients.

How the Media Covered it: Sources across the political spectrum covered the news. Some left-rated sources suggested Cardona believes the Supreme Court will uphold Biden's relief plan, while others are more skeptical.

Featured Coverage of this Story

Cardona: Student loan repayment pause will end "no later than June 30"
Cardona: Student loan repayment pause will end "no later than June 30"

Colin Myers/Claflin University/HBCU via Getty Images

News

Education Secretary Miguel Cardona said that the current pause on student loan repayments will end "no later than June 30."

Driving the news: "The emergency period is over and we're preparing our borrowers to restart," Cardona said Thursday at a Senate appropriations committee hearing.

The current pause on student loan repayments, announced in November, is set to end 60 days after June 30, or 60 days after the Supreme Court issues its long-awaited ruling on debt relief.

The big picture: The Biden administration's student loan forgiveness plan currently remains in legal limbo, but the Supreme Court during oral arguments in...

Open on Axios
Cardona confirms student loan payments will resume this year: β€˜The emergency period is over’
Cardona confirms student loan payments will resume this year: β€˜The emergency period is over’

AP Photo/Andrew Harnik

News

Education Secretary Miguel Cardona confirmed this week that the Department of Education is preparing to restart student loan payments later this year.

β€œThe emergency period is over, and we’re preparing our borrowers to restart,” Cardona said at a Senate Appropriations hearing on Thursday, as the national COVID-19 public health emergency was set to expire at midnight.

Cardona reiterated that the Biden administration plans to restart student loan payments no later than 60 days after June 30, despite some speculation that the pause would be extended for a 10th time. 

The timing hinges on the...

Open on The Hill
Federal student loan repayments to restart, education secretary confirms
Federal student loan repayments to restart, education secretary confirms

Williams/CQ-Roll Call, Inc via Getty Images

News

The Education Department is "preparing to restart" federal student loan debt repayments after a three-year pause now that the COVID-19 pandemic emergency has ended, Secretary Miguel Cardona told lawmakers this week.

Cardona revealed the administration's intentions at a Senate Appropriations Committee hearing on Thursday, when Sen. Katie Britt, R-Ala., asked him why the government should forgive student loan borrowers when President Biden is demanding that Congress pay its debt obligations in arguments with Republicans over the debt limit.  

Britt, a first-term senator, cited remarks about the federal debt made Monday by White House...

Open on Fox Business

More headline roundups

More News about Education on AllSides

News from the Left

News from the Center

News from the Right