JoJo Wright

JoJo Wright

JoJo Wright is on your radio everyday, tune in! Full Bio

 

Biden Plans To Extend The Student Loan Repayment Freeze

The pause on the federal student loan payments have been extended once again by the Biden administration, which payments were supposed to resume starting January 1, 2023.

The freeze on the federal student loan payments first began back in March 2020 to help people struggling financially due to the COVID-19 pandemic. According to ABC 7, the Department of Education will "announce it is extending the freeze another six months with the first payments due two months after June 30" unless the Supreme Court makes a "decision on the president's student loan relief program" first. The Biden administration came up with the student loan forgiveness program to help cancel up to $20,000 in debt for low and middle income class people before the restart of the payments in January, but that program has been currently blocked with many legal challenges. For more information, click here.


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