From day one, Joe Biden has been under pressure by progressives regarding the forgiveness of student loans.
There has been significant pushback on the outright forgiveness of student loans, but Biden did give in on another issue.
Biden has caved to the progressive movement by pushing back the student loan deferment to May 2022.
Against the Message
So, what is the message coming out of the White House for months?
We are doing better under Biden than we were under Trump, right?
We are also being told we have more money in our accounts and the economy is booming.
So, why does the repayment for student loans need to be pushed back until May of next year?
If everyone is doing so great, they can start to pay back that money they borrowed, right?
Not exactly… Biden has a far different message regarding student loan repayment thanks to the far left in the party.
Biden stated, “Today, my Administration is extending the pause on federal student loan repayments for an additional 90 days — through May 1, 2022 — as we manage the ongoing pandemic and further strengthen our economic recovery.”
He added that the Department of Education will “continue working with borrowers to ensure they have the support they need to transition smoothly back into repayment and advance economic stability for their own households and for our nation.”
White House Press Secretary Jen Psaki added, “We will engage directly with federal student loan borrowers to ensure they have the resources they need and are in the appropriate repayment plan.
“We’re still assessing the impact of the omicron variant.”
I am sure you can all understand how I am confused by this message.
Or maybe this is just Biden’s plan to forgive student loans… keep pushing repayment off until Democrats figure out a way to forgive the loans.
With the current Biden message, do you think that student loan payments should have resumed?
Tell us what you think in the comments section below.
Source: Fox Business
13 Responses
Biden….he is a real stand up guy. We all know that he has no say in what is happening in our country. He just does what is written in front of him and then goes home to Delaware and sleeps until the left needs him again to read more.
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Correct!
Fjb
What do you expect from aliar
I think the student payments should be resumed.
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Coming Depression 2
I knew he had no backbone! But we taxpayers get stuck with the bill!
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