[ [link removed] ]Sign the petition: President Biden must not resume student loan payment
collection!
Dear MoveOn member,
The student debt payment pause, which has meant so much to millions of
Americans, is about to expire! It's provided a critical lifeline for
millions of Americans over the last two years—but it’s set to end in
nearly one month, on May 1.^1
For millions of student borrowers across the country, it’s been over two
years since their last federal student loan payment. Since March of 2020,
a federal student loan payment pause has been in effect in order to
support borrowers through a series of unprecedented economic crises fueled
by the COVID-19 pandemic.
[ [link removed] ]It’s clear that ending the student loan payment pause and restarting
payments would be a disastrous decision. Sign this petition urging the
Biden administration not to restart loan payments on May 1!
Tell the Biden Administration: Don't restart student loan payments!
[3]Sign the petition
Millions of student loan borrowers are trapped in exploitative loan
arrangements, with sky-high interest rates and little hope of ever
paying off their debt—and they can’t afford to restart payments anytime in
the foreseeable future.^2 While the for-profit lenders are getting richer,
millions of Americans reach middle age locked into perpetual debt. It
would be cruel (and, not to mention, politically reckless) to resume
payments, especially as we continue to grapple with the ongoing inflation
crisis on a daily basis.
[ [link removed] ]Borrowers can’t afford to resume student loan payments. Demand that the
Biden administration extend the payment pause indefinitely!
Continuing the pause on federal student loan payments is an important
investment in Americans' financial lives. Not only has it provided
critical relief for millions of people, it’s given them a degree of
financial freedom to pay rent or purchase homes, afford health care or
medicine, start small businesses, and support their families.
[ [link removed] ]Call on the Biden administration to extend the student loan payment
pause indefinitely!
Thanks for all you do.
–Arvin, Isbah, Jaira, Jenn, and the rest of the team
Sources:
1. "Democrats press Biden to extend freeze on student loan payments," The
Hill, March 23, 2022
[link removed]
2. "I’ve Spent $60,000 to Pay Back Student Loans and Owe More Than Before
I Began," The New York Times, March 18, 2021
[link removed]
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