{"id":1119840,"date":"2021-12-14T23:30:00","date_gmt":"2021-12-15T04:30:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1119840"},"modified":"2021-12-14T23:30:02","modified_gmt":"2021-12-15T04:30:02","slug":"president-biden-refuses-to-extend-student-loan-relief","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/president-biden-refuses-to-extend-student-loan-relief\/","title":{"rendered":"President Biden Refuses to Extend Student Loan Relief"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpresident-biden-refuses-to-extend-student-loan-relief%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1119840&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/12\/graduation-cap-and-gown-ca-students-file19-getty-640x335-1.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">President Biden has no plans to extend student loan relief, with payments slated to return beginning February 1. Additionally, the White House has not offered any plan to forgive student loan debt \u2014 a major agenda item of the far-left Democrat caucus, which the Biden administration has ignored.<\/p>\n<p>White House press secretary Jen Psaki <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/press-briefings\/2021\/12\/10\/press-briefing-by-press-secretary-jen-psaki-december-10-2021\/\">admitted<\/a> last week that the president has no plans to extend student loan relief, which began under former President Trump last year due to the Chinese coronavirus and coinciding mandates and restrictions, compromising millions of Americans\u2019 jobs and ability to earn a living. The forbearance period for student loans end January 31, 2022.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cIs the Biden administration considering extending that student loan payment pause?&nbsp; I know there\u2019s \u2014 if not, besides legislation that probably won\u2019t pass, what are some of the options that would help these people?\u201d a reporter asked last week.<\/p>\n<p>\u201cSo, in the coming weeks, we will release more details about our plans and will engage directly with federal student loan borrowers to ensure they have the resources they need and are in the appropriate repayment plan,\u201d Psaki said during the press briefing, indicating that the administration has no intention of extending it any further.<\/p>\n<p>\u201cWe\u2019re still assessing the impact of the Omicron variant. But a smooth transition back into repayment is a high priority for the administration,\u201d she added, asserting that the Department of Education is communicating with borrowers to \u201chelp them to prepare\u201d to resume payments. Psaki added:<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<blockquote readability=\"11\">\n<p>We are preparing for a range of steps here. These steps have provided, I would just note, more than $12.5 billion in discharges to nearly 640,000 borrowers, plus tens of billions more saved by the 41 million borrowers who have benefited from the extended student loan payment pause.<\/p>\n<\/blockquote>\n<p>\u201cBut it expires February 1, so, right now, we\u2019re just making a range of preparations,\u201d she said.<\/p>\n<p>All the while, Biden has ignored his own party\u2019s calls to cancel student debt \u2014 something progressive politicians have continued to bring up on social media.<\/p>\n<p>\u201c89% of student borrowers say they aren\u2019t financially ready to resume student loan payments &amp; 27% will be spending at least a third of their income on payments when they resume. Student debt is dragging down our communities and economy,\u201d Sen. Elizabeth Warren (D-MA) said on Saturday, urging Biden to cancel student debt:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"8.7227414330218\">\n<p lang=\"en\" dir=\"ltr\">89% of student borrowers say they aren&#8217;t financially ready to resume student loan payments &amp; 27% will be spending at least a third of their income on payments when they resume. Student debt is dragging down our communities and economy. <a href=\"https:\/\/twitter.com\/POTUS?ref_src=twsrc%5Etfw\">@POTUS<\/a> should <a href=\"https:\/\/twitter.com\/hashtag\/CancelStudentDebt?src=hash&amp;ref_src=twsrc%5Etfw\">#CancelStudentDebt<\/a>.<\/p>\n<p>\u2014 Elizabeth Warren (@SenWarren) <a href=\"https:\/\/twitter.com\/SenWarren\/status\/1469692615671128066?ref_src=twsrc%5Etfw\">December 11, 2021<\/a><\/p>\n<\/blockquote>\n<div class=\"css-1dbjc4n\">\n<div class=\"css-1dbjc4n r-1s2bzr4\" readability=\"5.3154362416107\">\n<div id=\"id__gq8lj5px0fq\" class=\"css-901oao r-18jsvk2 r-37j5jr r-1blvdjr r-16dba41 r-vrz42v r-bcqeeo r-bnwqim r-qvutc0\" dir=\"auto\" lang=\"en\" readability=\"13.288590604027\">\n<p>Senate Majority Leader Chuck Schumer (D-NY) has been making similar calls.<\/p>\n<div class=\"css-1dbjc4n r-xoduu5\" readability=\"20.955223880597\">\n<p><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">\u201cPresident Biden should <\/span><span class=\"r-18u37iz\"><a class=\"css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0\" href=\"https:\/\/twitter.com\/hashtag\/CancelStudentDebt?src=hashtag_click\">#CancelStudentDebt<\/a><\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> now and help millions of Americans struggling under this burden,\u201d Schumer added:<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"6.1\">\n<p lang=\"en\" dir=\"ltr\">President Biden should <a href=\"https:\/\/twitter.com\/hashtag\/CancelStudentDebt?src=hash&amp;ref_src=twsrc%5Etfw\">#CancelStudentDebt<\/a> now and help millions of Americans struggling under this burden. <a href=\"https:\/\/t.co\/WXdvClTK5O\">https:\/\/t.co\/WXdvClTK5O<\/a><\/p>\n<p>\u2014 Chuck Schumer (@SenSchumer) <a href=\"https:\/\/twitter.com\/SenSchumer\/status\/1470450118641995780?ref_src=twsrc%5Etfw\">December 13, 2021<\/a><\/p>\n<\/blockquote>\n<p>However, <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/12\/chuck-schumer-great-day-for-biden-to-cancel-student-debt\/\" target=\"_blank\" rel=\"noopener\">canceling<\/a> student debt has largely fallen to the wayside in the first year of Biden\u2019s presidency. In February, Biden balked at the prospect of canceling up to $50,000 in student loan debt, admitting he would \u201cnot make that happen.\u201d Nonetheless, he did say he would be \u201cprepared to write off the $10,000 debt,\u201d but that never came to fruition.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Biden has no plans to extend student loan relief, with payments slated to return beginning February 1. Additionally, the White House has not offered any plan to forgive student &#8230;<\/p>\n","protected":false},"author":15,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1119840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1119840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1119840"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1119840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1119840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1119840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1119840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}