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Biden Extends Student Loan Pause Again
After Declaring ‘Pandemic Is Over’

Original Article

Posted By: Imright, 11/22/2022 5:26:52 PM

President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges. The Department of Education will soon announce the extension of the freeze, according to a report from CNN. The first payments will be due two months after June 30, unless the Supreme Court greenlights the administration’s debt forgiveness program beforehand. A similar report from Bloomberg quoted multiple unnamed sources. Former President Donald Trump introduced the pause on federal student loan repayment in March 2020 as a relief measure during the lockdown-induced recession.

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Reply 1 - Posted by: downnout 11/22/2022 5:30:48 PM (No. 1340275)
Do any of his grandchildren or family members have unpaid student loans?
6 people like this.

Reply 2 - Posted by: watashiyo 11/22/2022 7:27:51 PM (No. 1340346)
Yup, it's all about 2024.
5 people like this.

Reply 3 - Posted by: 6079 Smith, W 11/22/2022 8:29:51 PM (No. 1340367)
Do these loans keep accruing interest during the pause?
3 people like this.

Reply 4 - Posted by: Venturer 11/22/2022 9:13:21 PM (No. 1340377)
What gives him the authority to do this? Dictatorship by a demented old man isn't working out so well.
8 people like this.

Reply 5 - Posted by: MDConservative 11/22/2022 9:57:59 PM (No. 1340387)
FTA: "President Donald Trump introduced the pause on federal student loan repayment in March 2020 as a relief measure during the lockdown-induced recession." Another misstep...more free shtuff as the "pause" will never end - and why not? It was only $14 TRILLION of valueless money pumped into the economy and the economy was booming... It's not just mean tweets.
1 person likes this.

Reply 6 - Posted by: anniebc 11/22/2022 10:00:03 PM (No. 1340389)
Never let a crisis. . .
2 people like this.

Reply 7 - Posted by: padiva 11/22/2022 10:12:28 PM (No. 1340397)
Any which way that the debtors do not pay their loans, their credit worthiness will be minimal.
0 people like this.

Reply 8 - Posted by: Old Army Vet 11/23/2022 8:57:15 AM (No. 1340684)
Brandon is a moron. Everyday he acts more and more like hitler.
0 people like this.

Reply 9 - Posted by: doctorfixit 11/23/2022 5:02:20 PM (No. 1340952)
How does the President have unilateral power to breach a contract between third parties? I don't think he has that power. Why are neither the courts nor Congress stopping him? Using the government's manufactured COVID "emergency" as an excuse is patently ridiculous and lawless.
0 people like this.

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