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Biden extends pause on student loan repayment

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(Reuters) -U.S. President Joe Biden said on Wednesday that his administration was extending the pause on student loan repayment for an additional 90 days, citing impacts of the COVID-19 pandemic. “Today my Administration is extending the pause on federal student loan repayments for an additional 90 days – through May 1, 2022 — as we manage the ongoing pandemic and further strengthen our economic recovery”, Biden said in a statement released by the White House. In August, the Biden administration had extended the pause through Jan. 31, 2022. “We know that millions of student loan borrowers are …

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