A bill that pauses payments on student loans is set to expire next month, but Senator Chuck Schumer says the pause should be extended.
Schumer says the emergence of the new Omicron variant will put a burden on people who still can’t afford to make the payments. Schumer says New Yorkers alone owe $91 billion on their student loans. He says extending the pause would help tens of millions of Americans. Schumer says the pause should stay in place until the pandemic is over.
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