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What to know about student loan payments, child tax credit

What you need to know about the extended student loan payment pause, child tax credit

12/22/2021

PBS News Hour

What to know about student loan payments, child tax credit

Clip: 12/22/2021 | 7m 23sVideo has Closed Captions

What you need to know about the extended student loan payment pause, child tax credit

American graduates and their families may be feeling relief Wednesday after the Biden administration extended a pause on student loan payments. Payments will not be required before May 1, and the extension will help around 41 million borrowers. Meanwhile, millions of families who relied on an increase in the child tax credit are about to lose getting that extra money. Stephanie Sy reports.

12/22/2021

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