Biden Extends Student Loan Payments Pause To January 2022
On Friday, the Biden Administration said it has decided to extend its pause on federal student loan payments, along with interest, through January 31, 2022. The administration added that this would be the final extension. Both loan payments and interest have all been on hold since the pandemic started. The payments were set to come back in October this year prior to the announcement by the U.S. Department of Education. “The payment pause has been a lifeline that allowed millions of Americans to focus on their families, health, and finances instead of student loans during the national emergency...