The president should decide on the future of student loans and student loan forgiveness.
President Joe Biden should decide whether to extend the student loan payment pause and enact wide-scale student loan cancellation today.Student loan borrowers are eager to know what the future holds for their student loans. Will the student loan payment pause be extended? Will your student loans get cancelled? It’s time for the president to decide.. Federal student loan payments have been paused since March 2020.
Otherwise, it’s difficult for them to plan their financial future. . White House Chief of Staff Ron Klain has hinted that Biden could extend relief. The U.S. Department of Education also asked student loan servicers to stop notifying student loan borrowers about the restart of student loan payments on May 1. However, the president hasn’t commented publicly and borrowers may be uncertain. It’s time to remove the speculation so that borrowers can plan accordingly.
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