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The Guardian - US

Lifestyle

Lauren Aratani

Biden extends pause on federal student loan payments to end of August

Joe Biden United States Alexandria OcasioCortez Charles E. Schumer Chuck Schumer

Senator Charles Schumer speaks during press conference on plan to cancel student debt, at Hunter College in New York, on 16 April 2021. — Senator Charles Schumer speaks during press conference on plan to cancel student debt, at Hunter College in New York, on 16 April 2021. Photograph: Lev Radin/Pacific Press/Rex/Shutterstock

Joe Biden announced the pause on federal student loan collections in the US will be extended until 31 August.

The pause on federal student loans first started at the beginning of the pandemic in March 2020 under the Trump administration. This is the seventh time the pause has seen an extension since then.

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