Connect with us

Hi, what are you looking for?


National Urban League Applauds the Biden Administration’s Student Loan Repayment Extension Announcement

Washington, D.C. — National Urban League President and CEO Marc H. Morial issued the following statement in response to President Biden’s announcement to extend the pause on federal student loan repayment to May 1st, 2022

“President Biden gave the American people a much-needed holiday gift by taking action to extend the pause on federal student loan debt repayment. As the rise in Omicron variant cases have reminded us, our nation is still in the midst of a global pandemic that has impacted both our health and our economy. Many student loan borrowers, especially those in communities that have been disproportionately impacted by the pandemic, would have found it difficult to resume repayment in January and were at risk of falling behind in their payments.

 “According to the U.S. Department of Education, more than 36 million Americans owe an estimated $1.73 trillion in federal student loans and a third of borrowers are in default or delinquency. President Biden made the right decision for the American people and our economy. We applaud this effort and encourage future efforts to address this nation’s student loan debt crisis.”

Use your ← → (arrow) keys to browse

Written By


Read The Current Issue

Texas Metro News


You May Also Like

The Trendsetter

By Kendall Gayle WashingtonEditor-in-Chief High school is not like the movies. As I am embarking on the end of my high school career, I...

Cheryl's World

Saluting the 2020 and 2021 NABJ Honorees

NNPA Stories

NNPA NEWSWIRE — Carrie Wells Ponds, CNA, educator, and co-founder of The Drum, died July 9, 2022, in her home surrounded by her husband...

DMN Stories

Cornerstone Crossroads Academy listens to neighbors to preserve a gym that the community valued.