Biden’s Student Loan Pause Could Put Democrats in Prime Midterm Position

Biden’s Student Loan Pause Could Put Democrats in Prime Midterm Position

The Biden administration is expected to extend the federal pause on student loan payments for an additional four months.

President Joe Biden could make the announcement as soon as Wednesday, according to reports. The current payment pause is set to expire on May 1 but is likely to be pushed back until August 31. The extension would affect more than 43 million Americans who have incurred student loan debt.

The extension may provide Democrats with a major opportunity to delay the restart of payments yet again in September, just before the 2022 midterm elections. The party is vying to keep its majority control of Congress in this year's contests.