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Student Defense Statement on Payment Pause Deadline Extension

FOR IMMEDIATE RELEASE:
December 22, 2021

MEDIA CONTACT:
press@defendstudents.org | 202-734-7495

Student Defense Statement on Payment Pause Deadline Extension

The Biden Administration announced today it was extending the federal moratorium on student debt payments and collections until May 1, 2022, which was originally set to expire in February. Student Defense President and Cofounder Aaron Ament released the following statement in response to the news.

"President Biden and Secretary Cardona’s decision to extend the moratorium is the right one and a testament to the power of organizing and advocacy. Americans are still feeling the effects of the ongoing pandemic, and the Department has much work to do to reform its collection and loan relief practices before considering a restart. We appreciate that this administration has demonstrated its willingness to listen to student and consumer advocates, and we look forward to working with them to do more, faster to address the student debt crisis."