Extreme right-wing judges continue to cause chaos by shutting down Biden’s SAVE repayment plan, thrusting millions of student debtors into crisis. The only 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.
Biden’s “on-ramp” is set to expire in October, just a month before the upcoming election. Biden should not sabotage Vice President Harris’s election chances by restarting payments and thrusting millions of families into financial crisis right before the election. It’s time for Biden to have Harris’s back the way she has always had his. And it’s time for Biden to show debtors he has their back. Biden must issue an interest-free student loan payment pause that covers all federal student loan borrowers.
Pause the damn debt.