Senate Majority Leader Schumer: Student Loan Payment 'Pause' Expires in Just 57 Days - But Citing Pandemic & New Data on Borrowers, Senator Pushes Biden Admin to Extend Pause
December 07, 2021
December 07, 2021
WASHINGTON, Dec. 7 -- Senate Majority Leader Charles E. Schumer, D-New York, issued the following news release on Dec. 6, 2021:
With the student loan payment pause set to expire in just 57 days, U.S. Senator Charles Schumer cited new data from the Student Debt Crisis Center and Savi that says even among borrowers who are fully employed, 89% are not financially secure enough to begin making student loan payments on February 1st. Schumer said, amid the uncertainty of the Omicron varia . . .
With the student loan payment pause set to expire in just 57 days, U.S. Senator Charles Schumer cited new data from the Student Debt Crisis Center and Savi that says even among borrowers who are fully employed, 89% are not financially secure enough to begin making student loan payments on February 1st. Schumer said, amid the uncertainty of the Omicron varia . . .