Biden extends pause on student loan repayment

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Biden extends pause on student loan repayment
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Biden extends pause on student loan repayment kanishka183

"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.Register now for FREE unlimited access to Reuters.

The extension of the pause comes as cases of the Omicron variant of the coronavirus surge across the United States. The Student Borrower Protection Center, a nonprofit group, described the step by the Biden administration as "a lifeline to student loan borrowers in the face of economic and public health reality."

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