Extreme right-wing judges continue to cause chaos by shutting down Biden’s SAVE repayment plan, thrusting millions of student debtors into crisis. So much so that now the Biden administration is placing nearly 8 million student debtors in the SAVE plan into a payment pause. The solution to ease confusion and protect borrowers’ financial well-being is to pause all federal student loan payments. The latest court ruling on the SAVE plan not only allows for a pause, it also allows the pause to count towards PSLF and Income Driven Repayment. This pause should be across the board to all student debtors, many of whom are being left out to dry.
Not only that but servicers are placing thousands of borrowers in administrative forbearance, messing up those attempting to get the cancellation they deserve through PSLF. Servicers like MOHELA are messing that up too!
Pause the damn debt.