“The student loan payment pause has been a lifeline for borrowers across the nation. As we stare down an impending Republican government shutdown, it is abundantly clear that student loan payments should not resume October 1.
“To throw borrowers back into repayment with bad faith loan servicers and an under-staffed Department of Education is a recipe for disaster and would deeply undermine the progress we have made to advance economic justice for student loan borrowers. While the Administration works diligently to push back on the corrupt Supreme Court’s obstruction of President Biden’s historic cancellation plan, we should take immediate steps to prevent borrowers from entering into repayment at a time when the infrastructure is not there and bad actors will seize on the lack of government capacity caused by Republican dysfunction.
“This Republican government shutdown stands to harm families across the nation, many who were just regaining their financial footing for the first time since the COVID-19 crisis. The Administration should absolutely pause student loan payments and interest accrual in light of these stark realities.”