A Small Allocation For Student Loan Was Made In Agreement To Raise The Federal Debt Limit. Although President Biden’s Student Loan Pause Was Rejected Still He Agreed To Continue Payment By The End Of August.
Resume Student Loan Payments.
President Biden’s plan to excuse $20,000 student loan didn’t push through but a small provision was made in agreement to raise the federal debt limit. The president’s plan required a lot of paper works like income eligibility requirements and a pending ruling in the Supreme Court. Payment will resume by the end of August a few weeks after he said that the payment will restart.