logo
welcome
CNBC

CNBC

Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers

CNBC
Summary
Nutrition label

78% Informative

Federal student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.

The development comes as the administration has been dragged into a slew of legal battles waged by Republicans over its recent student loan relief efforts.

The borrowers who are excused from their monthly payments are those enrolled in the Biden administration's new SAVE plan.

VR Score

81

Informative language

82

Neutral language

54

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links