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"Turning His Back on Student Debtors": Biden's Debt Deal Ends Freeze on Loan Payments for Millions

Written by on 01/06/2023

Seg2 student debt

Advocates for student debt relief are raising the alarm over a controversial part of the bipartisan deal to raise the U.S. debt ceiling that would end the freeze on student loan repayments by the end of August. The moratorium has been in place since 2020. Meanwhile, the fate of the Biden administration’s plan to forgive up to $20,000 in student debt for borrowers is going to be decided by the Supreme Court, where it is likely to face skepticism from the conservative majority. “This is President Biden turning his back on student debtors,” says Braxton Brewington, press secretary of the Debt Collective.

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