image credit-Social media

Hillagric

Hillagric

Biden Likely To Extend The Student Loan Payment Pause — Here’s Why

Hillagric

Hillagric

please read all story 

Today we are talking about Barack Obama

please Update yourself by our post

Hillagric

Hillagric

Millions of federal student loan borrowers have not had to pay their student loans for over two years.

Hillagric

Hillagric

But the payment pause is set to end on May 1, which is in just 26 days. There are increasing signs that Biden is likely to extend the student loan

Hillagric

Hillagric

payment pause again, although so far, there is nothing official. Here’s where things stand.

Hillagric

Hillagric

The CARES Act, which Congress enacted in March 2020 in response to the Covid-19 pandemic

Hillagric

Hillagric

is responsible for the long-running pause on most student loan payments (specifically for government-held federal student loans). The CARES Act’s student

Hillagric

Hillagric

loan relief provisions also suspended interest accrual and halted all collections efforts against borrowers in default on federal student loans.

Hillagric

Hillagric

Thanks for spending your expansive time