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Biden extends Student Loan repayment...

Biden extends Student Loan repayment pause once again

By: Frank Corder - November 22, 2022

The White House hopes the six-month extension allows time for the courts to work out the Administration’s debt cancellation plan.

Today, the U.S. Department of Education at the direction of President Joe Biden announced yet another extension of the pause on student loan repayment, interest, and collections.

The White House says the extension will alleviate uncertainty for borrowers as the Biden-Harris Administration asks the U.S. Supreme Court to review the lower-court orders that are preventing the Department from providing debt relief for tens of millions of Americans.

Payments will now resume 60 days after the Department is permitted to implement the program or the litigation is resolved, which will give the Supreme Court an opportunity to resolve the case during its current Term.

If the program has not been implemented and the litigation has not been resolved by June 30, 2023 – payments will resume 60 days after that.

“Callous efforts to block student debt relief in the courts have caused tremendous financial uncertainty for millions of borrowers who cannot set their family budgets or even plan for the holidays without a clear picture of their student debt obligations, and it’s just plain wrong,” said U.S. Secretary of Education Miguel Cardona.

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Frank Corder

Frank Corder is a native of Pascagoula. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. Frank’s interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. Frank has served his community in both elected and appointed public office, hosted his own local radio and television programs, and managed private businesses all while being an engaged husband and father. Email Frank: