Will student loans be deferred yet again?

The White House hinted that President Joe Biden is having trouble deciding whether his administration should ...

...stretch the moratorium on federal student loan payments or even erase student loans completely.

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Biden is anticipated to take a conclusion by the end of this month, after widening the COVID-19 pandemic pause...

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...on federal student loans and interest incured for several months.

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The press secretary at the White House, Karine Jean-Pierre, stated, "He will make a conclusion, and I'll ask him to speak about it."

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The president knows from personal experience how stressful this can be for many Americans across the nation.

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Because of this, he took the action he did when it came to postponing repayment.

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Brian Deese, Biden's chief advisor, said "the president said to the timeframe on this subject"

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Will President Biden decide to continue the moratorium on payments for student loans?

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It is still unclear that what decision might be appropriate at this point of time.

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The Education department will continue to asses the impact of COVID-19 pandemic on student loan barrowers.

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Once a decision has been made, "We will directly approach the borrowers regarding the termination of the payment pause."

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In March 2020, after the COVID-19 outbreak, President Trump paused student loan payments.

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Biden announced the current extension in April, and the White House is considering canceling $10,000 per student's loan debt.

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Biden has guaranteed this during his campaign in the 2020 elections.

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