Biden Slammed Over Failing To Cancel Student Loan Debt After Extending Payment Pause

President Joe Biden is facing a wave of backlash after announcing plans to extend the student loan pause until the end of August rather than canceling the debt.

On Wednesday, Biden revealed the pause on federal student loan payments would be extended through August 31.

“That additional time will assist borrowers in achieving greater financial security and support the Department of Education’s efforts to continue improving student loan programs,” Biden said in a statement.

In a video shared to the official POTUS Twitter account, Biden noted that the extension was necessary for Americans who were impacted by the coronavirus pandemic.

“We are still recovering from the pandemic and the unprecedented economic disruption it caused. This continued pause will help Americans breathe a little easier as we recover and rebuild from the pandemic,” he said.

However, the announcement was met with backlash as Americans demanded Biden stop extending the pause and end student loan debt instead.

Following his announcement, the word “cancel” became a trending topic on Twitter, with people slamming the president for not canceling student borrowers’ debt even though he showed support for it during his presidential campaign.

“Again, we demand student loan debt be canceled, not deferred to a few months from now. You’re just delaying pain and hardship. Cancel pain and hardship!” one person wrote.

“Absolutely obscene, if #Biden and #Democrats think extending the pause 4 months and playing lip service to a broken and unfixable #PSLF program will save them in November or in 2024, they have another thing coming. #CancelStudentDebt,” the individual wrote.

Many Democrats have encouraged the president to extend the pause at least until the end of the year, which means payments wouldn’t resume before the November midterm elections.

However, some have encouraged Biden to follow through with comments made during his presidential campaign in which he supported forgiving $10,000 in student loans for borrowers.

When student loan payments resume, the Department of Education revealed delinquent borrowers and those in default will reenter repayment in good standing.