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U.S. Secretary of Education Betsy DeVos. Photo: Nicholas Kamm/AFP via Getty Images

The Trump administration is extending federal student loan relief, which includes a pause on payments and interest accrual, through Jan. 31, the Department of Education announced Friday.

Why it matters: Payments have been paused since March due to the coronavirus pandemic, but the relief was set to expire on Dec. 31 . The relief measures, which also include the suspension of collections of defaulted federal student loans, have helped mitigate some of the pandemic's negative consequences for millions of borrowers.

What she’s saying: "The coronavirus pandemic has presented challenges for many students and borrowers, and this temporary pause in payments will help those who have been impacted," Education Secretary Betsy DeVos said in a statement.

  • "The added time also allows Congress to do its job and determine what measures it believes are necessary and appropriate."
  • The Office of Federal Student Aid will work with servicers to notify borrowers of the latest extension.

Worth noting: Student debt forgiveness and tuition-free college are two key elements of President-elect Joe Biden’s agenda for higher education — proposals Devos has criticized.

🎧 Go deeper: Joe Biden's plan to forgive student debt

Go deeper

Latest James Bond movie release delayed for third time

An advertisement poster featuring Daniel Craig in the new James Bond movie "No Time to Die" in Bangkok, Thailand. Photo: Mladen Antonov/AFP via Getty Images

The release of the latest James Bond film, "No Time to Die," has been postponed for the third time as the coronavirus pandemic continues to devastate Hollywood.

The state of play: The film's release, initially scheduled for April 2020, was first postponed to November 2020, and then to April 2021. MGM said this week that movie's global debut will now be delayed until Oct. 8.

Jan 23, 2021 - World

Brazil begins distributing AstraZeneca coronavirus vaccine

Containers carrying doses of the Oxford/AstraZeneca vaccine arrive in Brazil. Photo: Maurio Pimentel/AFP via Getty Images

Brazil on Saturday began distributing the 2 million doses of the AstraZeneca coronavirus vaccine that arrived from India Friday, Reuters reports.

Why it matters: Brazil has the third highest COVID-19 case-count in the world, according to Johns Hopkins University data. The 2 million doses "only scratch the surface of the shortfall," Brazilian public health experts told the AP.