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Biden’s extension of the student-debt pause is profoundly unjust — and cravenly political

President Joe Biden says he wants to build our economy “from the bottom up and the middle out.” But his latest move will give doctors and lawyers thousands in benefits while leaving working-class Americans on the hook for billions more in taxes.

The Biden administration just announced it’s extending the “pause” on student-debt payments yet again — this time through 60 days after June 30 or until court cases surrounding the president’s broader student-debt cancellation efforts are resolved.

Implemented at the start of the COVID-19 pandemic amid tremendous economic disruption, the pause allows borrowers to skip their student-loan payments, and it outright forgives the interest owed while it’s in place.

This was supposed to be a very short-term measure, enacted in March 2020 when people’s jobs were locked down and many Americans couldn’t pay their bills. Yet years later, after almost all the other “emergency” programs have been allowed to expire, the president is extending the “pause” again — even though the economic disruption facing college grads has long since faded.

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