On Tuesday, President Joe Biden extended the pause on federal student loan payments for another six months.
ST. LOUIS — On Tuesday, President Joe Biden extended the pause on federal student loan payments for another six months.
President Biden said families with student loan debt don’t have to worry about payments resuming in January, they’ll now have more time while courts consider lawsuits challenging the debt relief plan.
“For that reason, the Secretary of Education is extending the pause on student loan payments, while we seek relief from the courts, but no later than June 30, 2023, which would give the Supreme Court an opportunity to hear the case in its current term. Payments will resume 60 days after the pause ends,” Biden said.
Congresswoman Cori Bush tweeted in support of the move saying, “The President has the legal authority to cancel student debt.
