Biden Administration extends the student loan pause through May 1—but advocates call for all student debt to be canceled. (via CNBCMakeIt)
U.S. President Joe Biden speaks about the omicron variant of the coronavirus in the State Dining Room of the White House, December 21, 2021 in Washington, DC.90-day extension
But many of those who called for the moratorium to be extended said pausing student loan payments is not enough — they should be canceled. However, a pause should be just the first step in addressing the student loan crisis, Brewington says. Politicians who advocated for the pause to be extended, such as Senator Elizabeth Warren, celebrated the announcement but called for broad-based student loan cancellation on social media.
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