Student loan debt repayment pause extended

Source: Dustin Jones, NPR

The Biden administration is extending its student loan repayment pause — which was set to expire at the end of the year — into 2023 while its promise of federal relief remains hung up in court.

"I'm confident that our student debt relief plan is legal. But it's on hold because Republican officials want to block it," President Biden tweeted. "That's why [Secretary of Education Miguel Cardona] is extending the payment pause to no later than [60 days after] June 30, 2023, giving the Supreme Court time to hear the case in its current term."

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