White House extends federal student loan repayment pause after heavy progressive criticism

[Dashinka 24,726]

Hmm, 

 

White House extends federal student loan repayment pause after heavy progressive criticism

Biden, on his first day in office, directed the Department of Education to pause federal student loan repayments through September 2021. In August, the Biden administration extended the pause through the end of next month.

 

"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," Biden said in a statement, noting 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."

 

https://www.foxbusiness.com/politics/white-house-extends-federal-student-loan-repayment-pause-after-heavy-progressive-criticism

 

[TBoneTX 45,893]

Great way to instill a sense of financial responsibility and urgency in these impressionable young stoodents, most of whom probably majored in something (useless) ending in "... Studies."

[Dashinka 24,726]

6 hours ago, TBoneTX said:

Great way to instill a sense of financial responsibility and urgency in these impressionable young stoodents, most of whom probably majored in something (useless) ending in "... Studies."

I know really.  Sort of like a participation award, go to college, sign for huge loans, get a useless degree, and expect someone else to pay for it.

[TBoneTX 45,893]

5 hours ago, Dashinka said:

I know really.  Sort of like a participation award, go to college, sign for huge loans, get a useless degree, and expect someone else to pay for it.

Much like First Wives -- participate in relationship, go to wedding ceremony, incur huge debts, be useless, and expect someone else to (in both senses) pay for it.