Student loan payments to resume in Feb.


White House press secretary Jen Psaki speaks during a briefing at the White House, Tuesday, Dec. 14, 2021, in Washington. (AP Photo/Evan Vucci)

White House press secretary Jen Psaki speaks during a briefing at the White House, Tuesday, Dec. 14, 2021, in Washington. (AP Photo/Evan Vucci)

OAN Newsroom
UPDATED 8:44 AM PT – Wednesday, December 15, 2021

The White House announced it won’t be extending student loan relief. Despite the Democrat push to extend it, the Biden administration confirmed federal student loan payments will resume on February 1.

During a press briefing, White House Press Secretary Jen Psaki said 41 million borrowers have benefited from the pause and that they will release more details in the coming weeks about their plans.

“A smooth transition back into repayment is a high priority for the administration, the Department of Education is already communicating with borrowers to help them prepare for return to repayment on February 1 and has secured contract extensions with loan servicer,” she explained.

Additionally, critics say progressives won’t be happy as they lobbied for an extension that could potentially last as long as the COVID-19 health emergency persists.

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Amber Coakley
Author: Amber Coakley

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