Aug 21, 2022 - Politics & Policy

Education secretary vows decision on student loan pause coming soon

Americans can expect to hear the Biden administration's next steps on the federal student loan payment pause "within the next week or so," Education Secretary Miguel Cardona told NBC's "Meet the Press" on Sunday.

Driving the news: The moratorium on federal student loan repayments lasts through Aug. 31, but the Biden administration has not announced whether it will extend the pause.

What they're saying: "We know Aug. 31 is a date many people are waiting to hear something from," Cardona said.

  • "We've been talking daily about this and I can tell you that the American people will hear within the next week or so."
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