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Tuesday, July 23, 2024
HomeNewsLocal governmentPlaskett Releases Statement on Student Loan Repayment Extension

Plaskett Releases Statement on Student Loan Repayment Extension

Stacey Plaskett has served as the Virgin Islands Delegate to Congress since 2015. (Source file photo)

Congresswoman Plaskett, a member of the House Ways and Means, Budget and Agriculture Committees, released the following statement following the Biden-Harris Administration’s announcement of the Student Loan Repayment Pause Extension:

“Yesterday, President Biden announced an extension of the pause on student loan payments until June 30, 2023, which will give the Supreme Court more time to make a decision regarding the student loan debt relief program this term. Payments will resume 60 days after the pause ends.

“I am grateful for the Biden-Harris Administration’s commitment to help middle-class federal student loan borrowers. I continue to remain hopeful that the courts will permit the U.S. Department of Education to implement the student debt relief program and allow us to make a significant step forward in the recovery of our nation.”

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  1. I paid my own student loans. Let the pay their own. How else are they going to learn to make wise choices? Maybe they shouldn’t waste money on a degree in sociology or political science which doesn’t support a paying job! Their decisions have consequences. Are they then going to not pay their car payments and mortgages? What signal does this send to future generations- the ones who will be stuck paying for these with their income taxes?