student loan
- US News
Biden extends student loan repayment pause amid legal battles
The Harris-Biden administration extended a moratorium on federal student loan repayments, pending the outcome of legal challenges against the debt cancellation plan on Monday. Approximately 8 million borrowers enrolled in the Saving on a Valuable Education (SAVE) plan will be excused from making monthly payments for at least an additional six months under the extension. President Biden’s $475 billion loan…