Biden administration extends student loan debt repayment holiday to June

Biden administration extends student loan debt repayment holiday to June


President Joe Biden delivers remarks on protecting Social Security and Medicare and lowering prescription drug costs in Hallandale Beach, Florida, on Nov. 1, 2022.

Anadolu Agency | Anadolu Agency | Getty Images

The Biden administration on Tuesday announced that it will extend the payment pause on federal student loans while its forgiveness plan remains blocked in the courts.

Federal student loan bills were scheduled to resume in January.

The administration’s move comes in response to a federal appeals court ruling last week that imposed a nationwide injunction on the debt relief plan.

This is breaking news. Please check back for updates.



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