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News Student Loan Pause Extended to (no later than) June 30th

Red Monster

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I'm confident that our student debt relief plan is legal. But it’s on hold because Republican officials want to block it. That's why
@SecCardona
is extending the payment pause to no later than June 30, 2023, giving the Supreme Court time to hear the case in its current term.
 
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OP
Red Monster

Red Monster

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Just got an email from the Department of Education about the extension. This part is quite worrying, actually:

The student loan payment pause is extended until 60 days after the Department is permitted to implement the debt relief program, or the litigation is resolved. If the program has not been implemented and the litigation has not been resolved by June 30, 2023, payments will resume 60 days after that. We will notify borrowers before payments restart.

Looks like ol’ Joe is committed to screwing us one way or another, whether his program is allowed to happen or not.
 
Just got an email from the Department of Education about the extension. This part is quite worrying, actually:



Looks like ol’ Joe is committed to screwing us one way or another, whether his program is allowed to happen or not.
That is worrying. But also the kind of language they've been using about the loan freeze since early 2021, so who knows.
 
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Christo750

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Just got an email from the Department of Education about the extension. This part is quite worrying, actually:



Looks like ol’ Joe is committed to screwing us one way or another, whether his program is allowed to happen or not.
There's a growing consensus that Joe announced this plan using precedents that would get it easily thrown out in court. They never had the intention to actually do it.
 
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