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Biden extends pause on student loan payments to 2022

Summary by Ground News

The Biden administration plans to extend the pause on federal student loan payments for borrowers until the end of January. The decision comes after top congressional Democrats have pressured the administration for months. Progressives have also ramped up their advocacy in recent days after they successfully persuaded the Biden administration to issue a new moratorium on evictions.

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KEZI 9 News

Center

Some Eugene residents support Biden's extension of federal student loan payment pause

President Biden announced this extension on Friday, stating that the economy continues to recover from a deep hole due to the pandemic.

4 years ago

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KTVH

Center

Federal government extends student loan pause until January 31, 2022

On Friday the U.S. Department of Education announced a final extension of the pause on student loan repayment, interest, and collections until January 31, 2022. The Department said in a press release they believe this additional time and definitive end date will allow borrowers to plan for the resumption of payments and reduce the risk of delinquency and defaults after restart.The Department will continue its work to transition borrowers smoothl…

4 years ago

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WPMT FOX43

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Student loan payment pause extended into 2022 by Biden administration

The U.S. Department of Education said this will be the "final extension" of the freeze on student loan payments prompted by the COVID-19 pandemic.

4 years ago

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Daily Kos

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Biden administration does bare minimum in extending pause on federal student loan repayment

On Friday, the Biden administration announced it is extending the pause on federal student loans through Jan. 31, 2022. Federal student loan payments, as well as interest and collections of defaulted loans, had been paused since Congress passed the CARES Act but were set to resume in September. Extending the pause is inarguably a good thing, and as a student debt holder myself, I am glad to see it and grateful for it. But it’s nowhere near enoug…

4 years ago·United States

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