SATCHA PRETTO: If you're worried about student debt, there's great news for you because President Biden extends the pause on federal loan payments for the eighth time. This is a benefit that began in 2020 to help people with financial difficulties due to COVID 19.
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BORJA VOCES: Biden's plan is to cancel up to $20,000 in debt for recipients of certain college scholarships and up to $10,000 for others with federal loans. More than 43 million people have federal student debt, and President Biden's plan would help approximately 20 million debtors. Let's wait and see if they get it, if the court allows it, ok.