Biden Decision on Student-Loan Forgiveness Unlikely Until Later in Summer, Officials Say

WASHINGTON — President Biden is likely to decide later this summer whether to partially forgive student loan debt for millions of borrowers, according to administration officials and others familiar with the matter. this, after the president said more than a month ago that he would consider. problem in the next few weeks.

Officials say Mr. Biden is likely to announce his plans in July or August, closer to when a pause in federal student payments related to the pandemic is expected to take effective, as the president and his senior advisers continue to weigh the economic and political situation. of any such move. The Biden administration earlier this year extended the pause, effective from March 2020 until September 1.

https://www.wsj.com/articles/biden-decision-on-student-loan-forgiveness-unlikely-until-later-in-summer-officials-say-11654542674?mod=pls_whats_news_us_business_f Biden Decision on Student-Loan Forgiveness Unlikely Until Later in Summer, Officials Say

Edmund DeMarche

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