President Joe Biden has extended a pause on student loan repayments an additional 90 days through May 1, 2022, the White House announced Wednesday. Those with student loans had been scheduled to begin repayments on February 1. Although unemployment is relatively low, the president said, many ...
A new poll shows relatively few Americans say they’re fans of President Joe Biden’s work on the issue of student loans.
Student loan repayments are set to resume in October when a pandemic-era relief program comes to an end, but nearly half of borrowers say they are not financially prepared to restart payments, according to a survey by U.S. News. With that in mind, the Biden administration is easing r...
WASHINGTON, April 6 (Xinhua) -- U.S. President Joe Biden's newly announced plan to extend a pause on federal student loan repayments has drawn backlash from budget watchers and economists, who argue such untargeted move could add to inflation pressures. "Extending the debt pause would be a ...
Since March 27, 2020, payments on federal student loan payments have been paused and the federal student loan interest rate has been set to 0%. This student loan moratorium is currently set to expire Jan. 31 2022 and payments are set to resume Feb 1. ...
The pause on student loan payments, which is set to expire at the end of the month, will be extended further under the Biden administration, David Kamin said. "In addition to the package the president-elect will be releasing, we will be taking a series of additional ...
This month, for the first time in more than three years,federal student loan payments are coming duefor 43 million Americans. President Biden campaigned on student debt cancellation and last summer heannounced a policy that would cancel up to $20,000 of debt per borrower. This would havezer...
White House press secretaryKarine Jean-Pierresaid on Tuesday that Biden will make a decision on student loan payments but that she would “let him speak.” Biden in April extended a pandemic moratorium on federal student loan payments and interest accrual until Aug. 31. Biden told reporters last...
The Biden administration is extending the pause on student loan payments until no later than June 30, 2023, as theadministration's plan to forgive up to to $20,000 in loansis held up in court. President Biden announced the extension Tuesday in a video posted to the White House Twitter acc...
The pause on student loan payments was first enacted in March 2020 under President Trump and has been extended multiple times since. The White House has previously indicated that it is nearing a decision on broad student loan debt forgiveness, zeroing in on canceling $10,000 per borrower, bu...