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Biden to Extend Pause on Student Loan Payments

As expected, President-elect Joe Biden will, upon taking office Jan. 20, instruct the Education Department to continue the pause excusing student loan borrowers from making payments, a top economic adviser in the incoming administration said.

David Kamin, who will be deputy director of the National Economic Council in the Biden administration, did not reveal additional details including how much longer borrowers will not have to make their monthly repayments in a call with reporters Friday.

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