WASHINGTON - President Joe Biden plans to extend the moratorium on federal student loan payments through Aug 31
the Associated Press reported, citing a federal official. For tens of millions of Americans, student debt limbo will continue another three months.
.The move will mark the fifth extension since the pause took effect in March 2020.
.All the while, the nation’s $1.7 trillion student loan debt portfolio continues to grow, with no firm direction for the indebted