WASHINGTON, D.C. – President Joe Biden’s Administration took immediate steps just hours after inauguration to prove relief to struggling Americans crushed by the onslaught of crippling and outrageous student debt.
The White House said Wednesday that at the request of President Biden, the Acting Secretary of Education will extend the pause on federal student loan payments and collections and keep the interest rate at 0%.
“Too many Americans are struggling to pay for basic necessities and to provide for their families,” the White House statement said. “They should not be forced to choose between paying their student loans and putting food on the table.”
The pause on student loan payments was set to soon expire. It began in 2020 with the onset of the Covid-19 pandemic under the Trump Administration.
7 thoughts on “Biden Administration pauses federal student loan payments”
The students borrowed the money. Why should the taxpayers be the ones to pay for it. Every month they don’t pay, the money they would have paid in for this country’s bills has to be compensated by taxpayers. Not the homeless scum, not the welfare losers. Just good hard working Americans.
it’s Joe free is good com’on man
Demented Donnie must have 10 cases of Alzheimers in his fat lardy old body. He was the stupidest man in history who conned millions of other stupid idiots like himself.
I’m glad the scumbag is gone.
he’ll soon be crying a different tune.
glad you are happy
Spoken like a true Pinko Commie, I mean tolerant Democrat.
Spoken like a true Kool Aid drinking cult member that can’t think for him self……BAAAA Mr Sheep