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White House’s Warning To Student Loan Borrowers

by Market FinancePosted onApril 11, 2022April 11, 2022

Biden voters are furious.

During a recent press conference, President Biden’s press secretary Jen Psaki warned student loan borrowers, who voted for Biden with hopes that he would cancel their student debt, that they will eventually have to start paying back their college debt “sometime” in the near future.

According to Breitbart, Fox’s Dana Perino stated, “On December 11 of last year, you had said that getting loan rate payment back on track was the goal. We’ve got a lot of jobs open, wages are up, they are able to figure out a way to get to 3.6% unemployment. What changed between then and now?”

Psaki replied, “Well, this is something the Department of Education continues to assess. We continue to assess from a policy level. While the basics of the economy, all that data you mentioned and I’ve been talking about, Dana, is very strong, we also know and acknowledge that costs are too high for families across the country, and that’s something we need to redouble, continue to focus our efforts on. Certainly, while there isn’t everybody in the country who has student loans, a lot of people do, and this is a period microphone, but the president, Department of Education made the decision to continue the pause repayments, and we will continue to assess as we get closer to the next deadline in August.”

Psaki was then asked, “Do you think that if you hold student loan debt right now, that you will ever have to make a payment during the Biden administration?”

Psaki replied, “I suspect that sometime you will, but again, we are going to continue to assess every month, every few months on where things stand, both looking, of course at COVID, but also economic data and where we need to continue to help give the American people some breathing room.”

Sadly, it looks like those who voted for Biden simply because they thought he was going to forgive their student loan debt are in for a rude awakening.

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