Extend the freeze on student-loan payments until January, Education Department officials reportedly
urge Biden
The freeze on student-loan payments, along with zero growth in interest, is set to expire on October 1, but officials at the Education Department are reportedly calling for President Joe Biden to extend the pause through the end of January 2022, sources familiar told Politico.
An administration official told Politico that the Education Department "is working to ensure that struggling borrowers are supported when payments are lifted." Many top Democrats and advocacy groups have asked for an even longer extension.
"Every day we are making progress with respect to pandemic and economy is recovering, the official said in a statement. "We appreciate that there are still impacts for individual borrowers/families."
The Education Department did not immediately respond to Insider's request for comment.
https://www.msn.com/en-us/news/politics/extend-the-freeze-on-student-loan-payments-until-january-education-department-officials-reportedly-urge-biden/ar-AALYa8F