Organizations Urge President Biden to Extend Student Loan Payment Pause

CFA joined 180 organizations in strongly urging the Biden administration to extend the student loan payment pause, set to expire at the end of August 2022. The groups said that failing to extend the payment pause would threaten the financial security of people with student debt. The groups further urged the administration to enact robust student debt cancellation that is not means tested and does not require an opt-in for participation.