Published 1 year ago

Student loan repayment pause extended through June 2023 by White House

Summary by Ground News

President Joe Biden's plan to extend student loan forgiveness is tied up in the courts, its fate uncertain. But those debtors can continue to pause their payments through June while the issue is sorted out. A Texas judge blocked the debt forgiveness program in early November and the 8th Circuit U.S. Court of Appeals issued a preliminary injunction on Nov. 14. Federal student loan payments have been paused since March 20.

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c|net

Student Loan Payment Pause Extended Again

The White House has delayed reinstating payments and interest while President Biden's debt forgiveness plan faces legal challenges.

1 year ago·New York, United States

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Business Insider

Biden announced an extension of the student loan payment pause. These 3 factors will determine when you need to start making payments again.

Biden just extended the student-loan payment pause through June 30, 2023 at the latest. Here's why you might get a bill earlier than that date.

1 year ago·United States

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Forbes

Student Loan Repayment Freeze Extended Into 2023, Likely Helping Consumer Spending

The Biden administration has extended the pause on student loan payments potentially into mid-2023. That removes a potential drag on the U.S. consumer as repayments were expected to restart in January 2023.

1 year ago·United States

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Deseret News

Biden hits pause on federal student loan payments again pending court ruling

Light illuminates part of the Supreme Court building on Capitol Hill in Washington, Wednesday, Nov. 16, 2022. The Biden administration plans to ask the Supreme Court to reinstate the president’s student debt cancellation plan, according to a legal filing warning that Americans will face financial strain if the plan remains stalled in court when loan payments are scheduled to restart in January.Patrick Semansky, Associated PressPresident Joe Bide…

1 year ago·Salt Lake City, United States

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Audacy

What borrowers should do with extended student loan pause

“This is the 8th time they’ve have kicked this can down the road.” Jeff Boron of Send Your Kids to College on the President’s student loan forgiveness program. “If you owe more than 10K, this is a great opportunity to pay down principal on your loan”

1 year ago·Philadelphia, United States

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Staten Island Advance

Student loan repayment freeze extended again: Here are 7 key things to know

STATEN ISLAND, N.Y. — Millions of federal student loan borrowers were preparing to start repayments at the start of the new year, but President Joe Biden has announced yet another extension as the student loan forgiveness plan is tied up in court.

1 year ago·Richmond County, United States

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