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Biden extends student loan payment moratorium


This is a good response:

The Biden administration extended the pause on federal student loan payments on Tuesday after Republican legal challenges temporarily halted President Biden’s plan to cancel up to $20,000 in debt for millions of borrowers.

The payments, which had been set to resume on Jan. 1, now could be delayed until Sept. 1 as the White House tries to fend off lawsuits over the program, which the nonpartisan Congressional Budget Office estimates could cost $400 billion.

“Republican special interests and elected officials sued to deny this relief even for their own constituents,” President Biden said in a video released on Twitter. “It isn’t fair to ask tens of millions of borrowers eligible for relief to resume their student debt payments while the courts consider the lawsuit.”

As long as hack Republican judges continue to block Biden’s student loan plan, based on specious arguments raised by plaintiffs with no standing, then the moratorium should continue. If Republicans want to have payments resume while denying student loan debtors relief, it should be an electorally accountable Republican official who does it.

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