“I really hope it doesn’t actually fall through because I’m not financially prepared if I have to resume loan payments in January,” says Sarah Shobut, a recent graduate from Rutgers University Newark
because the administration did not seek public comment on the plan, and U.S. District Judge Mark Pittman agreed that the plaintiffs were denied a “procedural right.”
The Biden administration had already approved 16 million borrowers’ applications for debt relief before the ruling and said it will hold on to all applicant information to quickly process relief, “once we prevail in court.” Biden has previously said that he would not be extending the student loan payment pause again but has not addressed the issue since Thursday’s court ruling.
The prospect of having to resume loan payments has borrowers who’ve been eagerly anticipating relief since this summer caught off guard. Shobut applied for the program the week applications opened in October and says that it’s “anxiety provoking” not knowing what will happen. If student debt relief delays continue and loan payments resume, which they are set to in January 2023, the added monthly expense would be particularly difficult for those who suffered job loss, health issues, or other by-products of the economic downturn from the pandemic.
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