Biden Administration Extends Pause On Student Loan Payments

Biden Administration Extends Pause On Student Loan Payments

Assessment

Interactive Video

Social Studies, Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

June 1st

May 1st

April 1st

March 1st

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of borrowers are currently unable to resume payments?

90%

70%

100%

80%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

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