Hey friends time for another quick conversation I call can you talk real quick usually ten

or fifteen minutes with somebody about a very topical pertinent issue that I want to

learn more about and help you learn more about today that is student loan debt forgiveness

or repayment and my guest from we the forty five million is activist Melissa burn USA

today says for more than three years tens of millions of federal student debt holders

haven't had to think about saving for or paying off their loans but that's all

ending very soon in the way of the debt ceiling deal hammer now between president Joe Biden

and house speaker Kevin McCarthy millions of former students will see their student loan

payments and a cruel of interest on those loans resume as early as late august the pause

for certain implemented by the former president Donald Trump was welcome relief after

covid-19 sparked an economic downturn that made it more difficult for many who borrowed

tens of thousands of dollars to pay for their school and keep up with payments well president

Biden extended a pause and zero percent interest rate multiple times despite growing pressure

to lift the moratorium but last week exchange for a raise that ceiling the Biden administration

agreed among other things that it would reneg on the quote final pause like it did last

year last August the administration said the fourth and final extension would expire in

December thirty first twenty twenty two but by November it they extended that deadline out

there sixty days after the Supreme Court issues a decision on the relief program or sixty days

after june thirtieth whichever comes first here's congresswoman premier jia paul

education of all kinds is no longer affordable for many americans nearly forty four million

borrowers have one point six trillion dollars in federal student debt and middle income

borrowers owe an average of forty three thousand dollars recognizing this crisis president

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