Student education loans Are Paused—Here’s What It Means For Your Needs President Joe Biden (Picture by Joe Raedle/Getty Graphics) President Joe Biden paused education loan re payments for eight months. This is the way it really works. Here’s what you should know—and just what it indicates for the figuratively speaking. Figuratively Speaking On their first day as president, January 20, 2021, Biden paused student that is federal re re payments through September 30, 2021. Share This: