The Biden administration faces a growing backlash on social media for refusing to further extend a moratorium on student loan payments.
The White House said this week that the administration is sticking to its plans of letting the COVID-19-related moratorium expire at the end of January. On Tuesday, the hashtag #
The burden falls hardest on women, who hold 58% of the national student loan debt, and minorities. Black women have an average of $37,600 in student debt, higher than any other group, according to the group.
“Forty-one million borrowers have benefited from the extended student loan payment pause, but it expires Feb. 1, so right now we’re just making a range of preparations,” White House Press Secretary Jen Psaki said at a briefing on Monday.
The moratorium has been extended multiple times since the Trump administration first paused federal student loan payments in March 2020, when the onset of the COVID-19 pandemic caused financial challenges for workers. According to
I was able to get my college degree from a public university that cost $50 a semester. That kind of opportunity simply isn’t available today. We need to make technical schools and two- and four-year public colleges tuition-free and
In social media posts on Tuesday, people recalled that Biden voiced support during the 2020 presidential campaign for Congress to cancel as much as $10,000 worth of student loan debt. Though Biden indicated in February that he still supports the measure,
Sens. Chuck Schumer and Elizabeth Warren, as well as Reps. Ayanna Pressley, Ilhan Omar and Mondaire Jones, have pressured the president to cancel up to $50,000 of federal student loan debt.
