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A group of leading Democratic Senators is pushing the Education Department to expand and reform existing student debt forgiveness programs so more debtors can access relief.
“We encourage the Department to pursue policies that reduce disparities in the burden of student debt, simplify loan repayment, close donut holes in forgiveness programs, and improve the overall confidence of borrowers in the federal student loan system," the letter to Education Secretary Miguel Cardona said.
Twenty-three lawmakers signed the letter, including Senator Patty Murray (D-WA), chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee, Senators Chuck Schumer (D-NY) and Elizabeth Warren (D-MA).
The letter comes as the payment pause on federal student loans is set to expire at the end of September. The Department of Education or the White House has so far not announced any plans to extend the pause.
Are they ever going to forgive debt? We need more options for students to get educated, without a life time of debt.