The Biden administration is considering extending the payment pause and interest waiver for most federal student loan borrowers once again.
President Joe Biden addresses graduates of South Carolina State University during their commencement ceremony on Dec. 17, 2021."Since day one of the Biden Administration, we've been hard at work delivering meaningful relief to student loan borrowers," a spokesman for the U.S. Department of Education told CNBC on Tuesday.
"That started with an extension of the pause on federal student loan repayment until Jan. 31, 2022," the spokesman said. "Later this week, we will be announcing whether to extend the pause further."
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