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Biden Extends Pause on Federal Student-Loan Payments Through August
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WASHINGTON—President Biden on Wednesday extended through Aug. 31 the pause on payments of federal student loans, arguing that resuming the payments would impose significant economic hardships on borrowers.
Payments and interest accrual have been suspended for borrowers with federal student loans since March 13, 2020, at the start of the pandemic. The pause was scheduled to expire on May 1.
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