One Way or Another or Another

Source: Common Sense
by Paul Jacob

“The courts have not been kind to President Joe Biden’s unilateral attempt to erase some $200 billion to $500 billion in student-loan debt. (By ‘erase’ I mean force all taxpayers to pay debt incurred by the millions of borrowers eligible for the forgiveness program.) … Except that another student-loan-debt-erasing thing has been going on since early in the pandemic, a pause on debt payments rationalized by the economic hardship imposed by lockdowns. This pause was set to lapse at the end of this year, with payments to resume in January. But according to a White House insider ‘familiar with the matter,’ the administration has been making ‘increasingly firm plans to extend the repayment pause.'” (11/21/22)