Student loans are on pause until the end of the year, how will President's Biden's order affect them when those loan repayments come due?

Student loans are on pause until the end of the year, how will President's Biden's order affect them when those loan repayments come due? Student loans are on pause until the end of the year, how will President's Biden's order affect them when those loan repayments come due?

1 Expert Answer

Wendy Habegger, PhD

Lecturer in the James M. Hull College of Business,  Augusta University

One of the good things about this debt reduction and debt forgiveness is that the Biden administration is making some very firm attempts to go in and fix some of the payment programs that are broke. So when individuals that have to start paying in January, they will be able to pay a reduced amount.

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