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Biden extends pause on student loan repayment -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – First Lady Jill Biden is watching as U.S. President Joe Biden gives remarks at the National Education Association Annual Meeting and Representative assembly in Washington, U.S.A, July 2, 2021. REUTERS/Kevin Lamarque/File Photograph

(Reuters) – U.S. President Joe Biden announced Wednesday that his administration would extend the pause in student loan repayments for another 90 days.

“Today my Administration is extending the pause on federal student loan repayments for an additional 90 days – through May 1, 2022 — as we manage the ongoing pandemic and further strengthen our economic recovery”, Biden said in a statement released by the White House. The pause was extended by the Biden Administration in August to Jan. 31, 2022.

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