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Roommate, if you count on President Biden Extend student loan repayment options-you will receive some bad news. The President just announced that not only the deadline will not be extended, but all student loan payments will be officially resumed on February 1, 2022.
Back during his time on the campaign trail before he was ultimately elected president, one of Joe Biden’s major promises was to permanently End of student loan payment-And promised that even a few months ago, he still insisted on it. However, according to President Biden’s recent statement through White House Press Secretary Jen Psaki, this will not happen.
Psaki explained the next expectations, because various Democrats, progressives and liberals are highly critical of this latest announcement. “In the next few weeks, we will release more details about our plan. We will approach federal student loan borrowers directly to ensure that they have the necessary resources and are in an appropriate repayment plan.​​​ . A smooth transition to repayment is the government’s top priority,” she said.
After being questioned by the media attending the press conference, Psaki elaborated on President Biden’s intentions regarding his decision.She said, “The Ministry of Education is already communicating with borrowers to help them prepare for the return on February 1. 41 million borrowers have benefited from the extended suspension of student loan payments, but it will expire on February 1.Yingshi, So now we are just doing a series of preparations. “
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