Washington, D.C. – Today, Colorado U.S. Senator Michael Bennet released the following statement after President Joe Biden announced his decision to extend the pause on student loan repayment through August 2022:
“I’m pleased that President Biden has extended the pause on student loan repayment until August. I called on the president to take this step last month as Coloradans face higher costs. I look forward to working with the president and leaders on both sides of the aisle to develop long-term solutions to address the root causes of America’s problem with student loan debt and help student loan borrowers.”
Last month, Bennet urged President Biden to extend the pause on student loan repayment, interest, and collections as the U.S. economy continues to recover from the Coronavirus Disease 2019 (COVID-19) pandemic. He also asked the president to work with leaders of both parties to develop long-term solutions to the U.S. student loan debt crisis.