In addition to his 1.9 trillion dollar stimulus package, President Biden extended the student loan payment deferment until September 30th, 2021. This deferment is the same as the previous two. No payments are due and no interest is accruing for federal student loans. Read the announcement here.
TIP: If you can afford to still pay your student loans, DO IT. Take advantage of the zero percent interest period and pay down your loans. Your future debt-free self will thank you.
What do you think?