So we're sort of an unprecedented time for federal student loans even

independent of this debate over whether they cancel it. There are some 40

million Americans of federal student loans. Federal student loan payments have

been on pause since March of last year and education department officials are

recommending that the White House, once again, extend the pause on federal

student loan payments. I think the pressure from activists is going to be

early over the summer, especially as that fall deadline for student loan

payments to come back looms. So what's Biden's hesitation? The concern about

the price tag of this, whether it books too radical, those are the the tensions

that are and we're understanding this is a live ball. This is a live

competition they're having. It's a live ball because there's way more play here

than just another extension of student loan relief. In just a few months,

Americans will no longer receive a bunch of pandemic relief measures. That

includes enhanced unemployment benefits and not eviction moratorium. So now,

Biden and Co are whispering about buying themselves more time on student loans.

Buying time is absolutely the right phrase. In part to give themselves a longer

runway to start collecting payments again, but they're also grappling with the

gigantic promise Joe made on the campaign trail to wipe out student debt at

least partially. Remember when Biden said this about forgiving $10,000 per

borrower? They're in real trouble. They're having to make choices between

paying their student loan and paying the rent, post kinds of decisions. It should

be done immediately. Immediately, but this is Washington and there are politics

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