Payment pause extended amid legal battles
From Inside Higher Ed: “President Biden is keeping student loan payments turned off for at least another six months to give the federal courts time to consider the many lawsuits challenging his administration’s plan to forgive up to $20,000 in federal student loans for eligible Americans, the White House announced Tuesday. The one-time debt relief plan is currently blocked by a federal appeals court, though the Department of Justice has asked the Supreme Court to rule on the case. Payments will be paused through June 30 to give the court time to hear the case during its current term. However, they could restart sooner if the litigation is resolved before then or if the Education Department is allowed to forgive student loans as initially planned.”View the full article from Inside Higher Ed.
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