President Biden’s extension of the student loan repayment pause is a cowardly act of political appeasement that is exacerbating our country’s debt crisis. It is time for President Biden to put the good of the country before special interests and resume student loan repayments.
Continuing this moratorium on student loan repayments is unfair to the millions of taxpayers who never went to college are shouldering the cost for this unwarranted and irresponsible policy. Another extension is an unwise, reckless policy that will harm borrowers and accelerate our nation’s path towards a fiscal catastrophe.