Nov 23, 2022

STUDENT LOANS- ANPOTHER PAUSE


STUDENT LOANS- ANPOTHER PAUSE 

PRESIDENT JOE BIDEN ANNOUNCED IN A VIDEO POSTED TO TWITTER THAT HIS ADMINISTRATION IS EXTENDING THE PAUSE ON STUDENT LOAN PAYMENTS WHILE HIS STUDENT DEBT RELIEF PLAN IS TIED UP IN LITIGATION. 
LOAN REPAYMENTS WERE SUPPOSED TO START AGAIN ON JANUARY FIRST. NOW YOU'LL HAVE UNTIL JUNE 30TH OF NEXT YEAR. THIS IS HAPPENING AS THE ADMINISTRATION'S PLAN TO FORGIVE UP TO 20-THOUSAND DOLLARS IN STUDENT LOAN DEBT IS HELD UP IN COURT. THE PLAN HAS BEEN BLOCKED BY TWO FEDERAL COURTS. THE ADMINISTRATION PLANS TO APPEAL.


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