The White House said on Tuesday that President Joe Biden is deciding whether to extend the pause on federal student loan payments and whether to forgive student loans on a broader scale ahead of a pandemic-related moratorium on payments that are set to resume on Aug. 31.
“He’ll make a decision,” White House press secretary Karine Jean-Pierre said. “I’ll let him speak.”
She noted that Biden told reporters last week that “the end of August” is his timeline for making a decision. Biden in April extended the pandemic moratorium on federal student loan payments and interest accrual through August.
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