JOE CAVES: After Progressive Backlash, Biden Agrees to Freeze Student Loan Payments Until May

President Biden caved to pressure from the progressive wing of his party Wednesday, announcing he will freeze student loan payments until May.

“While our jobs recovery is one of the strongest ever — with nearly 6 million jobs added this year,” Mr. Biden said in a statement, “we know that millions of student loan borrowers are still coping with the impacts of the pandemic and need some more time before resuming payments.”

“I had student loans,” Ms. Harris said during an interview with the radio host Charlamagne tha God. “I mean, look, right now, we have so many people, tens of millions of people in the United States who are dealing with student loan debt and responsibilities, and it’s standing in the way of them being able to start a family or buy a home, and it is real, and we need to deal with it.”