More disappointment in the Biden administration will be coming down the pike for progressives as it was announced on Monday that student loan repayments will resume on February 1, 2022.
Student loan repayment had been paused because of COVID, but will not be extended, per the Biden administration.
Loan repayments were halted in March of 2020 at the beginning of the pandemic and set to resume Oct. 1, but were extended to January of 2022. A statement from the Department of Education called the January deadline the “definitive end date” for the latest extension.
Some on the left are quite unhappy with the announcement.
#BREAKING: Biden won’t extend student loan relief https://t.co/GQFoCO0d9T pic.twitter.com/92Pm7J5JFI
— Forbes (@Forbes) December 13, 2021
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Progressives Not Happy
A report from Business Insider illustrates why the left is not happy with Joe Biden’s progress on student loan debt. One particular tale tells the story of Melissa Andretta, who owes over $160,000.
She left the Democrat Party after 40 years because she says she feels “betrayed” by Biden’s failure to cancel student loan debt.
She explains:
“I’ve been registered as a Democrat since I was of voting age. But throughout this last year, I was an independent instead because I’m just so frustrated and disheartened. One of the main reasons why I was so in favor of Biden was because I really felt that he was going to help us with the student-loan problem.”
A quick perusal of Twitter shows Melissa is not unusual. Take this example:
Biden I just got a email about my student loans. They telling me the payment pause on student loans ends at the end of January. I’m going to have them email and call you because something must be wrong. I swear you told us you was canceling student loan debt.
— Corddaryl Woodford (@Corddaryl) December 7, 2021
User Corddaryl Woodford’s biography claims that he’s an attorney. Yet he can’t be hurting that bad financially, since shortly after the complain about student loans, Mr. Woodford was enjoying a vacation. In Hawaii.
Being a tourist in Hawaii. ?? pic.twitter.com/O5kHhVGP7f
— Corddaryl Woodford (@Corddaryl) December 15, 2021
The unhappy feelings for Biden flooded Twitter.
All of us who voted for Biden thinking he was about to cancel student loans ? pic.twitter.com/XGLJa6WFNK
— Kam ? (@GlizzyK1) December 13, 2021
the government has forgiven 610 billion dollars in PPP loans to businesses but won’t forgive any student debt. That’s capitalism baby!
— clair without the “e” (@nastywomanatlaw) December 13, 2021
The anger even penetrated Hollywood!
tbqh the concept of paying back student loans to a country that my ancestors built sounds nuts to me pls leave me alone ?
— nadirah (@hinadirah) December 13, 2021
How pathetic is it that it was a Republican Administration that froze student loan repayments and it’s a Democratic Administration that’s resuming them?
— ca?️ral (@comradeaux) December 13, 2021
If we can cancel over a trillion dollars in taxes for roughly 600 billionaires, we can cancel student loan debt for 43 million Americans.
— Nina Turner (@ninaturner) December 13, 2021
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And If They Are Not Unhappy, They’re Offended
When Liberals are not busy being unhappy that the fantasy of a free women’s studies or art history degree is actually not free, they are offended by the notion that they are expected to pay back money that they borrowed.
A rather prominent case of this comes in the form of Transportation Secretary Pete Buttigieg’s husband, Chasten.
He shared the noticed that his loan payments would soon resume.
Chasten’s replied with some snark, saying, “LOL no thank you Merry Christmas next.”
Republican strategist Matt Whitlock pointed out that Pete and Chasten Buttigieg are the same guys who lamented the fact they couldn’t afford the rent in Washington D.C. on Pete’s Transportation Secretary gig and Chasten’s job as a part-time drama teacher.
.@Chasten doesn’t appear to be a fan of the Biden admin’s plan to restart student loan payments next month: pic.twitter.com/1mXiUYBRnx
— Michael Stratford (@mstratford) December 12, 2021
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Biden Supports Loan Cancellation, Sort Of
Biden says he supports wide scale debt cancellation, and has, since becoming President cancelled $12.5 billion worth of debt for approximately 640,000 borrowers.
But that’s a drop in the bucket, since student loan outlays are, incredibly, over $1.7 trillion.
All talk and no action on the part of Joe Biden and his administration is not going over well with those who want far reaching student loan cancellation.
Persis Yu, policy director at the Student Borrower Protection Center says, “That was a pretty clear promise that he made during the campaign. And certainly, that is a promise that I think many borrowers are right now waiting for him to fulfill.”
Jalil Mustaffa, assistant professor at at Villanova University called it, “Crumbs’ worth of action.” With no last minute loan cancellation reprieve in sight from the Biden administration, February 1, 2022 is looming large for those whose time has come to pay up.
Biden just said he won’t extend student loan relief and that students will have to restart making loan payments.
While campaigning in 2020 Biden said, “I will eliminate your student debt.”
How are progressives who allegedly voted for Biden feeling now?
?
— Paul A. Szypula (@Bubblebathgirl) December 13, 2021
Also looming large for lefties, the sting of buyer’s remorse.
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