The Biden administration introduced several new efforts to protect renters, make renting more affordable, and to increase fairness in the rental market.
Under the new plan, borrowers who earn less than roughly $30,600 a year would owe $0 a month on their federal student loans, effectively pausing them. A borrower who’s in a family of four and makes less than roughly $62,400 would also see their payments paused.
The bill’s signing comes as Democrats and LGBTQ advocates have expressed growing fear over the possibility that the landmark 2015 Supreme Court case Obergefell v. Hodges—which legalized gay marriage nationwide—could be overturned following the Court’s decision to strike down Roe v. Wade earlier this year.
