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Biden Student Loan Payment and Interest Break Extended: What It Means


On January 20, 2021, President Biden issued an order extending the student loan payment and the interest freeze until September 30, 2021. This suspension has been in effect since March 13, 2020.

This is obviously welcome news for federal loan borrowers. However, the order still leaves borrowers with FFEL, Perkins, and private student loans out.

Will this be the last break? Or will many more come? We give you our analysis.

Why did President Biden the …



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