WASHINGTON - The U.S. Department of Education will extend the pause on federal student loan payments and interest rates will remain at 0% after an executive order by President Joe Biden."Too many Americans are struggling to pay for basic necessities and to provide for their families.
They should not be forced to choose between paying their student loans and putting food on the table," according to a statement from White House.The extension is set to expire on Sept.
30, 2021. The Federal Student Aid website states that it will continue to update any new dates as time goes on.FILE - Democratic presidential candidate, former U.S.