AOC says extending the pause on student-loan payments isn’t the way to go: ‘We should cancel them’

AOC says extending the pause on student-loan payments isn’t the way to go: ‘We should cancel them’

New York Rep. Alexandria Ocasio-Cortez isn't thrilled with the news of another upcoming extension of the student-loan payment pause. "I think some folks read these extensions as savvy politics, but I don't think those folks understand the panic and disorder it causes people to get so close to these deadlines just to extend the uncertainty," Ocasio-Cortez wrote on Twitter on Tuesday. "It doesn't have the affect people think it does. We should cancel them." On Tuesday, sources familiar with the matter that President Joe Biden will announce an additional extension of the pause on student-loan payments through August 31 this week. This will come just days before the previous pause was set to expire on May 1. It follows months of pleas from Democratic lawmakers and advocates urging the president that borrowers are not ready to be thrown back into repayment. This announcement comes less than a month before borrowers thought they would have to begin paying off their debt, and Ocasio-Cortez criticized the "limbo and uncertainty" borrowers have been experiencing up until now. She also expressed the need for Biden to just cancel student debt altogether — a request of Democratic lawmakers have been pushing the president to respond