The Biden administration announced Friday afternoon that it is extending the pause on federal student loan repayments until January of next year, as the delta variant of the coronavirus surges across the country.
“As our nation’s economy continues to recover from a deep hole, this final extension will give students and borrowers the time they need to plan for restart and ensure a smooth pathway back to repayment,” U.S. Secretary of Education Miguel Cardona said in a statement.
The administration previously had a freeze on student loan repayment until Sept. 30, but announced it will make one last extension until Jan. 31, 2022.
Democrats welcomed the pause, but criticized the administration for not providing more relief for student loan borrowers by canceling student debt.
Click here to read the rest of the article written by Ariana Figueroa over at Maryland Matters
