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Biden to extend student-loan payment pause during Supreme Court challenge

FISM News

Americans with student loan debt will not be forced to make payments through August under a plan announced on Tuesday by President Joe Biden, who said the timeline would give the Supreme Court a chance to hear a challenge to his policy.

The Biden administration on Friday asked the Supreme Court to lift a lower court’s order blocking his plan to pass billions of dollars in student debt on to taxpayers in a challenge brought by six Republican-led states.

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