Biden administration will extend pause on federal student loan repayments through August

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The Biden administration is planning to extend a pause on federal student loan repayments through Aug. 31, an administration official says

The Biden administration is planning to extend a pause on federal student loan repayments through August 31, according to an administration official familiar with the matter.

The repayment freeze, which has been in place since the beginning of the pandemic, was scheduled to expire on May 1.The administration is expected to announce the extension on Wednesday, the official said. Borrower balances have effectively been frozen for more than two years, with no payments required on most federal student loans since March 2020. During this time, interest has stopped adding up and collections on defaulted debt have been on hold.

 

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Hindu goon openly threatening for rape ..... to muzlim women.... In India.....

texyellowdogdem They want to drive around in a $70000 car but don't want to spend pay their Loans back for their education pitiful. Make their interest rates affordable so that they're not interested poor that would help them.

But wolf what about the laptop?

Speaking of long pauses, anyone else ever get stuck at the teaneck, new jersey side of the George Washington bridge going into New York in the late afternoon when chris was governor? Impromptu construction crews shut down half of the toll booths for unknown reasons.

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ЗАПРЕЩАЕТ БОГ АГРЕССИЮ ПРОТИВ ЧУЖИХ СТРАН. خدای دې د نورو هیوادونو په وړاندې د تیري مخه ونیسي. GOD(الله) FORBIDS AGGRESSION AGAINST OTHER PEOPLE'S COUNTRIES.

Does Joe even understand where he is and who he is?

I definitely don’t agree. Unemployment is down and wages are up. This is no longer necessary. Seems he wants to continue extending until mid-terms instead of letting people take responsibility for their own debt. 😡

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Incoming Boomers lecturing about what they didn’t get…

Mix w

Big mistake.!

Cancel college student debt..they are the future

come and join with me

Just cancel it already😂

Why….unemployment at 3.6% College didn’t prepare them to get a job

Just cancel it!!

Anyone who didn’t refinance when rates were at historic lows because they expect the government to take over their responsibilities are idiots. People need to take responsibility for their actions. We chose college. We chose to take out loans. It wasn’t forced on us.

So basically just pause until he loses the next election? So much for campaign promises huh?

But yet you're talking about giving free education to non citizens of the United States instead of canceling the already existing citizen's student debt WOW.

Hilarious to see all of the people say just cancel it. So are we going to pay back every person who has ever paid their student loans?

I have been paying for the last twelve years even thru the pandemic so I’m not sure who is being allowed not to pay, cause it’s not me!!!!

adrienneelrod Ok I don’t care abou SLD but why not just cancel it already instead of keep pausing it

This just in breaking news CNN on trial for wire fraud after weaponzing the naval academy

Pay the shit off already.

How many times they gonna kick that can down the street? Either make people start paying or grow a pair and wipe the student loan debt out

Mid terms are going to be the most important election we've had since...well, the last one. lol

Just cancel the debt this shit is so fucking dumb

or just cancel them so we don’t have to keep extending the pause 🤨 CancelStudentLoanDebt

Those of you waiting for the government to fix your student loan problems...how is that working out for you?

Funny how they are keen to do so right before election!

This is their way of canceling the student loans. At least until republicans take over. Let’s enjoy it while it last.

They’re not ending them, are they?

He wants to cancel it. So just do it already.

Extend it through 8/31/2322

JustinTrudeau you see this? Get to work.

Can you cancel my car loan

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