White House Extends Pause On Student Loan Payments

The Washington Post reports:

The Biden administration announced Wednesday it will extend a pause on student loan payments through May 1 as the omicron variant threatens to hurt the U.S. economy.

President Biden depicted the move as an essential step to help millions of borrowers at a moment of ongoing public health challenges. Until now, the payment moratorium had been scheduled to end in a little more than a month.

Many activists had pushed for the administration to take the step, but the White House initially resisted extending the moratorium.

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