US Education Dept. to Extend Student Loan Payment Pause by Three Months
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.— President Biden (@POTUS) December 22, 2021
Pressure to Forgive Loans Mounts
During his campaign for the 2020 US presidential election, Biden said the US "should forgive a minimum of $10,000/person of federal student loans," accusing the Trump administration and Republican lawmakers of attempting "to put corporate bailouts ahead of families" in the first pandemic relief bill in late March 2020.