Biden could extend student loan repayments by 4 months
President Joe Biden intends to extend the repayment of student loans until August 31.
According to Politico, Biden may soon announce a fourth extension of student loan relief.
Biden could decide on student loan relief this month.
If student loans are extended this time around, it will be the sixth such extension overall.
President Donald Trump has twice in his presidency extended the student loan repayment period.
The White House has not yet announced student loan relief.
Until now, the student loan repayment period will end on May 1, 2022.
The repayment of federal student loans has been suspended since March 2020.
It was then that Congress passed the Care Act, which provided historic relief to student debt.