President Joe Biden delivers remarks on protecting Social Security and Medicare and lowering prescription drug costs in Hallandale Beach, Florida, on Nov. 1, 2022.Anadolu Agency | Anadolu Agency | Getty ImagesThe Biden administration on Tuesday announced that it will extend the payment pause on federal student loans until after June or when it’s able to move forward with its debt forgiveness plan.Federal student loan bills had been scheduled to resume in January.The administration’s move comes in response to a federal appeals court ruling last week that imposed a nationwide injunction on the debt relief plan.”We’re extending the payment pause because it would be deeply unfair to ask borrowers to pay a debt that they wouldn’t have to pay, were it not for the baseless lawsuits brought by Republican officials and special interests,” Education Secretary Miguel Cardona said in a statement.More from Personal Finance:Why protect …
