Biden is considering extending the student loan payment pause, as his plan to cancel up to $20,000 of student debt for borrowers is facing a court challenge from Republicans.
The White House is reportedly considering once again extending the student loan payment pause that is currently set to expire at the end of the year, as President Joe Biden’s plan to cancel up to $20,000 of student debt for borrowers is facing a court challenge from Republicans., two people with knowledge of the matter say that White House officials are in early talks about a potential pause extension, though no decisions have been made and it’s unclear if Biden has been involved in the talks.
“As the legal vulnerability has become clearer and clearer, the White House has been making increasingly firm plans to extend the loan repayment pause,” one source said. “The extension we’re likely to see is meant to make sure borrowers don’t have the rug pulled out from under them, rather than an indefinite replacement for loan forgiveness.
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