Vice President Kamala Harris said the White House was looking for a way to “creatively” address student debt.
The Biden administration announced in December that student loan payments would be halted through May 1.
“We have to keep doing what we’re doing and figure out how we can creatively relieve the pressure the students are feeling,” Harris said.
Vice President Kamala Harris said in an interview broadcast on Sunday that the Biden administration is working to find a way to “creatively” deal with student debt, citing the pressure it is causing Americans.
“I think we have to keep doing what we’re doing and figure out how we can creatively relieve the pressure that students are feeling because of their student loan debt,” Harris told CBS News’ Margaret Brennan during an interview on Face. Nation.”
Harris said Education Secretary Miguel Cardona is “working on what we can and should do frankly to ease the pressure of student loan debt.”
“Across our country graduates and former students are making actual decisions about whether they can start a family, and whether they can buy a home,” she said, adding that she previously had student loan debt.
“It’s no small matter, and we need to find a way to relieve the debt. So it’s a just cause in terms of the seriousness of the case,” she said.
President Joe Biden’s administration in December extended the federal moratorium on student loan payments, allowing borrowers to avoid payments until May 1 as the coronavirus Omicron variant caused a spike in COVID-19 cases in the United States.
“The vote that we discussed, it’s a very big issue, and what I think we have to do is continue to be vigilant and to fight for the people who have the right to be seen and their circumstances to be heard and understood because we have the ability to actually alleviate the burdens that people are making that It’s hard for them to get past a day or a month.”
“This additional extension of the repayment standstill will provide critical relief to borrowers who continue to experience financial hardship as a result of the pandemic, and will allow our administration to assess the effects of Omicron on student borrowers,” Education Minister Miguel Cardona said in a statement. Dec. 22 statement.
“As we prepare to return to repayment in May, we will continue to provide tools and support to borrowers so that they can enter into a repayment plan that responds to their financial situation, such as an income-driven repayment plan,” he added. .
Some Democratic lawmakers, including Senate Majority Leader Chuck Schumer, have called on the Biden administration to go beyond delaying debt payments, and have asked the president to cancel $50,000 in student loan debt.
During his 2020 presidential campaign, Biden pledged to waive a “minimum” of $10,000 in student loan debt per person.
“Young people and other holders of student debt have borne the brunt of the recent crisis,” he said on March 22, 2020. “It should not happen again.” tweet.
So far, this promise has not been fulfilled.
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