Democrats request extension for student loan relief
In less than a month, student loan payments are set to re-start.
A group of democratic senators wrote a letter to President Biden last week requesting that temporary student loan relief be extended. They are concerned that as COVID-19 cases are on the rise again it could affect the economy and create a greater financial burden on student borrowers.
“In fact this week, we sent a letter to them asking them to extend the moratorium, the pause, because it ends in January, and because we have omicron and all of that, but we are still pushing to get $50 thousand in student loans forgiven and we are making a big push and the fight continues,” said Senator Chuck Schumer.
The U.S. Department of Education has made it clear that the president does not intend to extend student loan relief.