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President extends college loan moratorium as SUNY, students weigh options

President extends college loan moratorium as SUNY, students weigh options By Kevin Limiti • Special to www.AllOTSEGO.com Student loan borrowers received some welcome news over the holiday season when the United States Department of Education extended the student loan payment moratorium from January 31, 2022 to May 1, 2022. The Biden Administration paused student loan payments in March 2020 to allow breathing room for borrowers, mitigating some of the financial effects of COVID-19. Student loan debt in the United States…