Biden to extend freeze on student loan payments-2022

Biden to extend freeze on student loan payments-2022

The president intends to extend the deadline for making student loan payments until the end of August 2022.

Millions of federal student loan borrowers have been unable to make payments on their debts for more than two years.

However, the payment hold is due to end on May 1, which is only 26 days away.

There are growing indications that Biden may prolong the student loan payment halt once more, though nothing formal has been announced.

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