Biden Extends Pause on Student Loan Payments Through August

Biden Extends Pause on Student Loan Payments Through August
President Joe Biden speaks during an event to mark the 2010 passage of the Affordable Care Act in the East Room of the White House in Wash., on April 5, 2022. Chip Somodevilla/Getty Images
|Updated:

President Joe Biden is again extending the pause on federal student debt repayments, this time through Aug. 31.

The pause was initiated with the passage of the CARES (Coronavirus Aid, Relief, and Economic Security) Act in March 2020 under then-President Donald Trump, and Biden has maintained the moratorium throughout his time in office.