Here’s a list of who wants President Joe Biden to postpone student loan payments beyond September 30, 2021.Absent an extension, your federal student loan payments will be due again starting October 1. Your regular interest rate will also resume, and collection of any student loans in default will restart. Tens of millions student loan borrowers have received temporary student loan forbearance — including a pause on federal student loan payments and no interest — since March 2020.
In June, 64 progressive members of Congress — including Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer wrote ato Biden urging him to pause student loans and freeze student loan interest until March 31, 2021 or until the economy reaches pre-pandemic employment levels, whichever is longer. The members of Congress wrote that restarting student loan payments will hurt the economy, cause financial distress for student loan borrowers, and result in student loan default.
We want him to stop student debt permanently
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