Page 5 - Payment Pause News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Analysis is profoundly off base and the reason she says that is she points to the two plus year moratorium we already had on student debt payment, and she says basically folks have had this money in their pockets for two plus years and so cancelling this student loan debt would not effectively put more money in their pocket right now. how do you respond to that? >> what the folks are doing is pretending we're going to extend this payment pause forever. and it is true. compared to the extending the emergency era payment -- it would be disinflationary. that's not the right comparison. the right ...

That's something we brought up, we have to really focus on. how do we convince families to understand that college is an investment that needs to have a good r.o.i., not just go to the most prestigious and most expensive constitution, the one that will give you the value and economically beneficial to you when you leave college. that's something we have to really focus on and that's my concern about all this discussion about payment pause and what we do forgiveness. what we really need to focus on is reducing the need to borrow and making sure people are getting a real value for their educatio...

Last week White House Chief of Staff Ron Klain stated that another pause to the payments could be in the cards and that an across-the-board cancellation of the loans remains on the table.

Student body leaders representing over 1 million people recently urged President Biden to cancel student debt. Now is the moment to join them.

Students are outraged at scheduled resumption of loan payment as US Department of Education tells them to prepare for loan repayment restart.