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Biden administration to extend student loan payments pause through the end of August

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As pressure mounts against the Biden Administration to take much broader action against student loans, the administration is preparing to announce yet another student loan freeze. According to CNN and the AP, student loan payments are now further paused through August as many Americans continue to reel with the ongoing problems caused by the pandemic.

Despite what the GOP may tell you along with corporate America — many Americans are still struggling to come out financially well enough to even take on another bill.

“The payment pause has been a significant federal investment throughout the pandemic, providing essential relief to millions of families during the economic and public health crisis and saving them an average of $393 per month,” a recent letter revealed.

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