In one of his first actions in office, President Joe Biden extended the freeze on student-loan payments through September 30. With that deadline approaching, Education Secretary Miguel Cardona said on Monday that the Department is “looking at” whether to resume payments and 0% interest come October.
“Obviously we’re going to take the lead from what the data is telling us and where we are as a country with regards to the recovery of the pandemic,” Cardona said during an Education Writers Association conference. “It’s not out of the question, but at this point it’s September 30.”