Biden Administration Extends Pause On Student Loan Payments

The video discusses the extension of the federal student loan payment pause until May 1st. It highlights a recent poll indicating that about 90% of borrowers are not financially ready to resume payments.

What has been the status of federal student loan payments?

• They have been increased.

• They have been paused.

• They have been reduced.

• They have been canceled.

Until when is the pause on federal student loan payments extended?

• June 1st

• May 1st

• April 1st

• March 1st

What percentage of borrowers are currently unable to resume payments?

• 90%

• 70%

• 100%

• 80%

What does the recent poll suggest about borrowers' financial situations?

• Most borrowers are ready to resume payments.

• A minority of borrowers are struggling financially.

• A majority of borrowers cannot afford to resume payments.

• All borrowers have resumed payments.

Which of the following is true about the current status of federal student loan payments?

• Payments are paused until further notice.

• Payments are paused until May 1st.

• Payments have been permanently canceled.

• Payments have resumed as normal.