Report: White House Mulling Options To Ease Student Loan Debt

The administration is considering options to bypass legal challenges to student loan forgiveness. The moratorium on loan repayment, initially issued by Trump during the pandemic, was set to end in January as per Biden's announcement. However, court rulings have blocked Biden's executive order to forgive up to $20,000 in student loan debt. The White House is appealing these rulings and has not decided on further actions. The moratorium has been in place since March 2020 under the COVID Emergency Relief program.

What is the White House considering to address the legal challenges to the student loan repayment moratorium?

• Extending the current moratorium

• Increasing interest rates

• Reducing loan amounts

• Introducing new taxes

Who initially issued the moratorium on loan repayment?

• The Supreme Court

• The Federal Reserve

• President Biden

• Former President Trump

What was President Biden's initial plan regarding student loan payments?

• To resume payments in January

• To increase loan interest rates

• To cancel all student loans

• To extend the moratorium indefinitely

What is the White House currently doing in response to the court rulings?

• Introducing new legislation

• Appealing the rulings

• Ignoring the rulings

• Accepting the rulings

Since when has the moratorium on student loan payments been in place?

• December 2020

• August 2019

• March 2020

• January 2021