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White House Extends Federal Student Loan Pause

Officials say putting student loan payments on hold has been a lifeline for Americans during the pandemic.
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Federal student loan borrowers will have a few extra months of relief. 

The Biden administration extended the pause on interest and payments through January. 

Officials say the pause has been a lifeline for Americans during the pandemic. It was set to expire at the end of September. 

The White House says this will be the final extension.