Senator Murray: “President Trump not only has the authority to avoid this chaos, but promised borrowers that come December 1 he would extend the relief. Well, December is here and it’s time to follow through on that promise.”
(Washington, D.C.) – Senator Patty Murray (D-WA), ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, released the following statement urging President Trump to follow through with his promise to extend the pause on student loan payments. In August, President Trump used executive action to extend student loan relief passed in the CARES Act until December 31. During his announcement, he stated, “today I’m extending this policy through the end of the year, and we’ll extend it further than that, most likely right after December 1st, so we look like we’re going to be extending that.”
“Right now, student loan borrowers aren’t just struggling to make ends meet amid the COVID crisis, they are also grappling with uncertainty about whether or not their loan payments will resume on January 1. President Trump not only has the authority to avoid this chaos, but promised borrowers that come December 1 he would extend the relief. Well, December is here and it’s time to follow through on that promise.
“I urge the President to act quickly to extend the relief we passed in the CARES Act and ensure payments for student loan borrowers won’t restart on January 1 in the midst of a surging pandemic. There are hard months ahead, and I’ll keep fighting to give student loan borrowers the peace of mind they need to breathe easier—and to provide students, families, and colleges with the meaningful relief they need to get through this crisis.”