BREAKING NEWS

President Biden will extend the pause on federal student loan payments until Aug. 31, according to an administration official.

Tuesday, April 5, 2022 4:06 PM EST

The delay — the sixth since the pause began early in the pandemic — will come less than a month before payments were scheduled to restart.

Tens of millions of borrowers are affected, including 35 million who have not been making payments that would otherwise have been due.

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