Student loan announcement to come in ‘next week or so,’ Education secretary says ahead of deadline

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US Education Secretary Miguel Cardona said Sunday that Americans can expect a decision from the Biden administration on student loans in the “next week or so” as a pause on federal student loan payments is set to expire on August 31.

With some 10 days to go, Americans have been left guessing whether President Joe Biden will extend the current moratorium or, perhaps, forgive some of their debt.
“We’ve been talking daily about this, and I can tell you the American people will hear within the next week or so from the President and the Department of Education on what we’re going to be doing around that,” Cardona told NBC’s Chuck Todd on “Meet the Press.”
Micah Ward
Micah Wardhttps://universitybusiness.com
Micah Ward is a University Business staff writer. He recently earned his master’s degree in Journalism at the University of Alabama. He spent his time during graduate school working on his master’s thesis. He’s also a self-taught guitarist who loves playing folk-style music.

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