Washington People with student loans will get another month of relief after Education Secretary Betsy DeVos extended the pause on student loan payments through January 31.
Borrowers haven't had to make payments since March, but the relief was set to expire on December 31. DeVos also extended the pause of interest accrual, as well as the suspension of collections on defaulted loans. In an unprecedented move, President Donald Trump originally waived interest on student loans in March as large parts of the economy began to shut down in response to the coronavirus pandemic.
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This is great news for those with student loans but unless something is done to FORGIVE those loans. It just postpones the inevitable. We have a crisis coming in food and shelter this will just add to it.
Thank you Germany for free education😍
So many borrow to cover living and housing expenses. If we had BasicIncome It would further reduce the amount of loans needed. How many 50 year olds enjoy still paying for their college housing and electric?
Nigeria boys and girls please please never u ever this life again do any thing with any man or woman who studies in us or uk, they all bard mind people criminals leazy people who can not work only to rob the poor people and kill them, is what am saying
What gets me is someone has to pay this debt let me guess the taxpayer Dems just give and give and stupid people fall for it
The ministry of truth has spoken! WAR IS PEACE FREEDOM IS SLAVERY IGNORANCE IS STRENGTH
Why don't the government deduct a year of payments from their student loan instead of extension? I know they will never do it, but it makes sense to me.
She gets no credit or quarter
Why doesn’t she sell her 10 yachts and pay the loans off fr as many as she can
A nice move from probably one of the worst Secretary of Educations in US History.
eduloanrevolt There are more people with consolidated loans (Private and Federal) versus just federal loans. Cancel all loans or allows us to get 100% back in taxes. FCE17 JoeBiden BetsyDeVosED StudentLoanHero
There are more people with consolidated loans (Private and Federal) versus just federal loans. FCE17 JoeBiden BetsyDeVosED StudentLoanHero
How about the people that had their Student Loans (Federal and private) consolidated ?! studentloan BetsyDeVosED StudentLoanBrokensystem StudentloanModerndaySlavery
Oh, so we aren’t teaching college kids how real life works? Borrow money, pay it back? So they’ll have a degree but won’t be able to adapt to the real world?
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The 1% and corporations are in the front of the line with shovels and wheelbarrels for their govt handouts, while the middle class is fighting each other over any loose change that fell behind the cushions of the couch. College and trade school grads both took out student loans.
Just long enough for JoeBiden to cancel them before payments kick in again 👀
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So huge companies get the money. Yup that's why we need to keep voting.
I can't wait until January 20th to see the door hit this incompetent Trump Donor in the back. Good riddance
She’s fired on Jan 20th
And the he interest just keeps piling on...
Interest continues to accrue
Can't wait until she is gone too! Worthless witch!
Nope. Mine is still active and ACCRUING....so why is mine still due?
Thanks jobless girl
What a nice ,thoughtful ,going away present she gave everyone. One whole month extension jeeesh...
Student loan debt is plaguing our country too. Cost of tuition has increased so much in the last 20 years and salary levels have not kept pace with that. College has become a business, not a service.
Cancel Student loans like the corporate mongers dont have to pay back the PPE!
RUFKM? A month That's what they did? Anything to lay just one more thing in Biden's lap. I can't stand her. The whole lot of them.
That surprises me because she is a total witch. (Total witch with a 40 million dollar yacht who’s been picking the pockets of student loan borrowers for four years). I have a lot of friends/ex-classmates right now who just took a giant sigh of relief at the news.
Best thing you do in 4 years lol
this it’s an important matter they should forgive the student loans NO student should start life with this burden especially when they are not even attending regular classes! Please let them FREE!
Of course we can't have the one percenters having to pay for their college education, Republicans Democrats are working on a stimulus package, for the filthy greedy rich. We got to pay for their kids education, that's how stupid the American middle class has become.
1/20/21 this asshole will be gone
TRUTH ✅
That’s good, but not good enough GOPSenMajority and SenateDems and GOPSenate there are people going hungry in this country. COVIDIDIOTS
There should be total a messy for long bc of tfump virus
Can the next Education Secretary mandate schools teach the actual political spectrum so that the children of MAGA folk learn what socialism and communism are so they can stop accusing moderates of it?
People can continue to love the Democratic Party, But should not elect a president who betray the United States，Because they controlled by other country． 🙏USA and American Citizen ✨Angels will record people's actions and evil must be punished。 For children, eternity.🙏
Does nothing for private loans though. I am still forking out 900 a month through this pandemic.
OMG she did something of value finally
KEEP GOING
Yes, but only applies to Federal Student Loans CancelStudentDebt for all 50k
CNN sucks
She still fired!
Ugly cold hearted b**** wow generous.
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wow, she has some sense of empathy
CNN SUCKS. FAKE NEWS. DEFUND CNN.
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Well there... she has done one good thing. It’s less than 50 days until the Trump administration goes away, but good for struggling students.
Yay
When we gave corporations a huge tax cut, they spent the money on stock buybacks and then laid everyone off when the pandemic hit. If we do student loan forgiveness the people will spend that money boosting the economy instead.
Obviously not on private student loans those bastards had me start back up paying in august!😡
Can’t wait for that heifer to be gone
It’s weird how the airlines got a huge corporate tax break to the point where several paid $0 income tax on billions in profit, and then a year later got $25 billion from the government that they don’t have to pay back. And no one is screaming socialism or moral hazard. 🤷🏽♂️
What’s a month supposed to do exactly. With all her billions she could pay them all off.
How big of her.
The students loans benefit education institutions who seldom review their training programs. With advent of Internet& search engines the ex corporate induction training such as apprenticeships are STILL lasting 4 years for activities in operative category requiring op skills only
Do not trust the witch in the gingerbread house just because she hands you a candy cane
Where is BetsyDeVosED and what have you done with her?!
Cordial of her.
The same people against student debt relief...voted for the bankruptcy king who is $400M in debt and doesn't pay taxes.
Pause button hit. Resume capitalism next year. 😂 The world of capitalism. 😆
Betsy after being forced to extend the pause
She’s been a great education secretary.
How generous
Wow this is all she got 😑 at the end ! I will be THRILLED when she is fired ! She should NEVER work in any public office
The billionaire is magnanimous with her generosity.
keep pushing it back lol
Someone is looking for a job with the new administration!!
Just in time for her ass to be removed from office.
What a wonderful, caring & empathetic person she is . a true “woman of the people”, as long as you’re ultra rich, suck up to the 🍊 God, own multiple yachts, run pyramid schemes & scams like Amway, are totally unqualified for any job, & put your children in ✝️ sponsored schools
I don't think I will ever attend school again cuz of the bullshit getting screwed over loan.
Wow, she did something right!
Finally the bitch did something I can agree with.
Just Cancel it!!
January 20, 2021, 12:01 PM: Ms DeVos, can you come over to my office in the West Wing? DeVos: I will be right there. A few minutes later:
Fake media.
Pffft, just trying burnish her reputation. We student loan borrowers are smarter than that! (well, duh)
Rumor has it Ilhan Omar will cancel all the debt magically!
Will it be in time for joes student debt relief ?
Probably the only positive thing she’s done
Well she still sucks and has no business in education. Not even puppy school at PetSmart.
🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬
If the $200 million Trump has fraudulently obtained though lies was seized it could go to helping the needy including students
Wow did she get a visit from the Christmas ghosts?
Glad they'll get relief BUT even more glad DeVos is gone Jan. 20
Student's loans are modren day slavery. Look at Scandinavian countries, their HE is free so everyone can access it wanted to.
What a saint
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