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Today (Nov. 22) President Joe Biden announced that the pause on federal student loan payments has been extended through June 30, 2023, while the White House battles in court to save his plans to cancel portions of the debt.
“As Americans continue to recover from the pandemic, my administration is working to provide student debt relief to millions of working and middle class families across the country,” President Biden said in a video message posted on his Twitter account. “But Republicans special interest and elected officials sued to deny this relief, even for their own constituents.”
“Payments will resume 60 days after the pause ends,” Biden continued. “I’m never going to apologize for helping working-class and middle-class families recover from the economic crisis created by the pandemic, and I’ll continue working to make government work to deliver for all Americans.”