Joe Biden is in a rough place….
Every time he does something that makes Progressives or Lefties happy?
Republicans come down on him like a ton of bricks…..
Student Loans are no exception……
But Biden probably is safe ground on this….
Republican criticism of the freeze on student loan repayments and interest is growing in the wake of President Biden’s extension of the moratorium until late summer.
GOP criticisms range from the extension representing an expensive handout to “elites” to saying that Democrats are displaying hypocrisy for extending pandemic-era policies that they like while rolling others back.
“How was it fair to somebody like myself who just paid his off?” said Rep. Byron Donalds (R-Fla.), adding that he recently made a lump sum to pay off his loans 20 years after graduating from college.
“I grew up poor. I’ve never been rich, but I had an ability to pay, make my payments consistently over time, and then pay it off,” Donalds said.
“President Biden’s perpetual student loan payment moratorium is an insult to every American who responsibly paid debts,” Cotton said. “There’s no free lunch: this reckless move puts taxpayers on the hook for billions.”
Biden on Wednesday extended the freeze on student loan and interest payments until Aug. 31; it had been scheduled to expire on May 1. It is the sixth extension of the pause that started in March 2020, having been initially enacted and then twice extended by former President Trump at the start of the COVID-19 pandemic…..