Biden’s student loan delay isn’t the godsend people think it is

Biden’s student loan delay isn’t the godsend people think it is

President Joe Biden announced this week that his administration is extending the pandemic-era pause on student loan payments through August. 

And while some borrowers are surely excited about the delay, the fact this reprieve is only temporary leaves many of them uncertain about their future financial situations. 

These repeated delays are hardly the godsend people think they are — a point Rep. Alexandria Ocasio-Cortez, D-N.Y., made this week.