Cardona says student loan borrowers will know ‘soon’ if payment pause extended ...Middle East

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Education Secretary Miguel Cardona wouldn’t say in a recent interview whether the Biden administration plans to extend a current freeze on federal student loan repayments, but he indicated a decision will be made “soon.” "While I don't have an announcement here today, I will tell you we're having conversations daily with the White House and borrowers will know directly and soon from us when a decision is made," Cardona said during an interview on “CBS Mornings” on Tuesday. A nationwide pause on federal student loan payments and interest accrual is set to lapse at the end of August, after being extended several times under both the prior and current administrations since the start of

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