President Biden extends freeze on student loan repayments
WICHITA FALLS, Texas (KAUZ) – President Joe Biden has ordered the U.S. Department of Education to freeze student loan payments until Jan.31, 2022.
A student and a former student are relieved to have this extension.
“Since I don’t have a job right now, it’s a lot less pressure on the back of my head,” said Connor Whitten, a student at Midwestern State University.
Whitten is one of many to take advantage of President Biden’s extended loan freeze, now pushed back to January. He worries about graduating without a job in his field and how much debt he has to pay off.
“If I am not able to repay my student loans, I will have to continue living with my parents. I’m not going to be able to go out and find a place of my own and do the independent thing that a lot of people my age want to do when they graduate from college, ”added Whitten.
“We’re still part of the group of people who haven’t received our tax returns yet and so with four kids it’s a bit difficult,” said Elizabeth Ysasi, a Midwestern State University alumnus.
Ysasi is paying off her loans the best she can, but with a large family and financial hardship things are not easy to pay for day to day living, but the extra cash flow for her would mean a lot.
“The extra things like extra errands the kids may want and the diapers that have the brand name on it would be fantastic,” Ysasia said.
“If he does, I’m definitely not going to complain. I will be very happy about it but I am not counting on anything, ”said Whitten.
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