Breaking News: The Biden administration extended the pause on student loan payments to May 1. It was scheduled to end Jan. 31. - HOT AIR BALLOON FLIGHT

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Breaking News: The Biden administration extended the pause on student loan payments to May 1. It was scheduled to end Jan. 31.

BREAKING NEWS

The Biden administration extended the pause on student loan payments to May 1. It was scheduled to end Jan. 31.

Wednesday, December 22, 2021 12:59 PM EST

About 41 million borrowers have benefited from a freeze on interest accruals and nearly 27 million borrowers haven't had to pay their monthly bills since the forbearance began. About 7.2 million in default got a reprieve from collections.

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