Biden Extends Student Loan Payment Pause While Debt Relief Plan Stays On Hold
The Biden administration announced Tuesday that it would extend the repayment pause on federal student loans as President Joe Biden's debt cancellation plan remains blocked in court.The payment pause, which was previously scheduled to expire in January, will be extended until June 30 or until the dispute is resolved, whichever comes first. If the dispute has not been resolved by June 30, payments will resume 60 days later.“I am completely confident that my plan is legal,” Biden said in a video ad. "But it's not fair to ask tens of millions of relief-eligible borrowers to resume payments on their student…
