Washington, DC — President Biden is extending the pause on federal student loan repayments through August.
Biden released a statement saying the U.S. is still recovering from the COVID-19 pandemic and the “unprecedented economic disruption it caused.” The pause on repayments was implemented around the start of the pandemic in March of 2020. Repayments were originally scheduled to resume in May before being extended once more.
Congressional Democrats have been pushing hard for an extension of the pause because of rising inflation.
SEE ALSO
- Pence: Trump Owes it to the American People to Debate
- FOUND: Momo the Monkey on the Loose: Indianapolis’ East Side on High Alert
- Pacers GM: Contract Extension Talks with Buddy Hield Are “At a Halt” But That Doesn’t Mean They’re Done
- Murder Suspect Kevin Mason Captured
- NWS: Expect a Rainy Wednesday Across Indiana
