What Joe Biden’s election could mean for student loans

The federal government is the primary lender for students who borrow money for college and graduate school, and the Education Department directly holds more than $1.4 trillion in student debt. President-elect Joe Biden’s administration will have the ability to make changes that can directly affect millions of borrowers' monthly bills.Here’s what you need to know.Student loan pauseSome 22 million borrowers of federal student loans have had their monthly payments temporarily paused and