The Biden administration announced Wednesday that it is again extending the moratorium on federal student loan payments, interest and collections, this time until summer’s end, Aug. 31.
, the top Republican on the House education committee, Rep. Virginia Foxx of North Carolina, responded: “Another repayment freeze only begets unfairness that is inevitably leveled at both taxpayers and responsible borrowers alike.
“During the pause, we will continue our preparations to give borrowers a fresh start and to ensure that all borrowers have access to repayment plans that meet their financial situations and needs,” Education Secretary Miguel Cardona said in a statement. The GAO reported that the Education Department was able to provide some of the missing contacts but that addresses are still missing for about 1 in 4 defaulted borrowers.
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