With the success of progressives’ fight for the Biden administration to extend the federal eviction moratorium by 60 days, led by Rep. Cori Bush, they are hoping to use this momentum to also help those in student loan debt.
Student loan debt payments have been on pause for almost a year and a half but activists are saying the White House needs to extend this moratorium for longer. With the deadline to do so quickly approaching, as September 30 is the current termination date, moves need to be made now.
The Biden administration has signaled in recent weeks that it could announce another extension of the student loan moratorium, but Rep. Pramila Jayapal (D-Wash.) called on officials to avoid ‘[going] to the last minute,” reports Common Dreams.
We can’t let preventable crises like this ever happen again.— Pramila Jayapal (@PramilaJayapal) August 4, 2021
The student loan moratorium ends on September 30, and millions of people won’t be able to restart making their payments.
Let’s act NOW to protect them, before it’s too late.
As Julia Conley from Common Dreams writes, two-thirds of the United States’ 43 million borrowers say they would have trouble starting to make payments on October 1.
“Time is running out on the student-loan payment pause. The payment pause gives us a moment to focus on, the same way the eviction moratorium gave us a moment to focus on, what’s happening in this country,” says Sen. Elizabeth Warren (D-Mass.).