Student Loan Cancellation Could Set Precedent

The unprecedented pause on
student loan payments
has been in place for 30 months and may be extended yet again, leading to questions about the long-term impact of the policy on
education
funding and on individual colleges and students making financial decisions.

Former President
Donald Trump
introduced the ban in March 2020 and extended it twice before leaving office. His replacement, President
Joe Biden
, has extended it four more times and is
expected to do so again
to move the deadline beyond th …