Who benefits from a break on federal student loan payments? An economist answers 3 questions
- Written by William Chittenden, Presidential Fellow, Texas State University
Student loan borrowers save a collective of $7.1 billion per month thanks to the loan pause. Pekic/E+ via Getty ImagesAlthough President Joe Biden has extended the pause on federal student loan payments from February 1 to May 1 – a move that includes a suspension of interest on the loans – some advocates want the president to cancel...

