Biden's Education Department Suggests , Pause on Student Loan Payments , Could Be Extended.<br />Biden's Education Department Suggests , Pause on Student Loan Payments , Could Be Extended.<br />Though President Joe Biden has <br />often warned student loan <br />payments will resume May 1.<br />Though President Joe Biden has <br />often warned student loan <br />payments will resume May 1.<br />the United States Education Department <br />has indicated otherwise.<br />As reported by Politico on March 8, <br />the Education Department has informed all federal student loan firms to stop sending notices <br />about the resumption of payments.<br />Experts believe the attempt to halt such notices could indicate the Biden Administration may once again extend the pause on student loan payments.<br />According to the Education Department, the freeze on student loan payments saved 41 million borrowers tens of billions of dollars.<br />As the nation's collective student loan <br />debt balloons to new heights, .<br />many advocates and lawmakers <br />have called on President Biden to <br />extend the pause, reform the industry<br />or cancel all student loan debt.<br />Experts say this continued pressure <br />on the president may be paying off.<br />White House officials say the president <br />is currently reviewing what his <br />administration could do before May.<br />White House officials say the president <br />is currently reviewing what his <br />administration could do before May.<br />The president is going to <br />look at what we should <br />do on student debt before <br />the pause expires, or <br />he'll extend the pause. , Ron Klain, White House Chief of Staff, via statement <br />on 'Pod Save America,' as reported by 'Insider'.<br />While on the campaign trail in 2020, <br />Biden promised if elected, he'd approve <br />$10,000 in student debt relief
