Here’s What People Have to Say About Student Loan Repayments Resuming Soon

As announced by press secretary Jen Psaki, student loan repayment will indeed resume on Feb. 1 as scheduled, with the White House share more info soon.

Joe Biden sits in the Oval Office

Image via Getty/Drew Angerer

Joe Biden sits in the Oval Office

Unlike the beloved Joe Byron, who the whole internet was going to give a big-ole kiss just a few weeks back, the actual U.S. President Joe Biden isn’t seeing much love on Twitter. And he will apparently not be doing any executive order magic to wipe student loan debt as many had hoped.

As announced by press secretary Jen Psaki last week, student loan repayment will indeed resume on Feb. 1 as scheduled, with the White House expected to release more details in the coming weeks. 

“We’re still assessing the impact of the [COVID-19] Omicron variant,” Psaki said. “But a smooth transition back into repayment is a high priority for the administration.  The Department of Education is already communicating with borrowers to help them to prepare for return to repayment on February 1st and has secured contract extensions with loan servicers.”

Sure, Biden may have initially campaigned on his support of clearing $10,000 of student debt per year of national or community service, but his hope is that Congress presents the legislation to get it done. For Americans, this means they will need to start paying back their student debt to the govenment in just a few weeks, as the White House intends to “engage directly with federal student loan borrowers to ensure they have the resources they need and are in the appropriate repayment plan.”

That doesn’t mean borrowers are happy with Biden’s lack of action, though, with many on the internet beginning to trend “#studentloanforgiveness” on Twitter in response. 

Some have called it an L for the Biden administration, while others have called it an L for all of us, but overall people are dreading having to pay back what they were promised they didn’t have to. Check out some responses below. 

student loan company sliding back into my inbox after 2 years? baby we broke up. Stop embarrassing yourself

— mister king (@kaydenmk) December 10, 2021

If we can't drink or buy cigarettes 'til we're 21... why can we sign for tens of thousands of dollars in predatory student loans as a teen? #studentloanforgiveness

— Angela Belcamino (@AngelaBelcamino) December 14, 2021

— Defiant L’s (@DefiantLs) December 13, 2021

Been paying off my student loan for 15 yrs.
Paid $37K.
Original amount was ~$24K.
Yet I still owe ~$14K.
I'll pay back 200%+ than I borrowed.

That is an INSANE return.
Tell me how this isn’t a racket?
This is why we need #studentloanforgiveness & reform.@ewarren @POTUS

— Dr. Mariela Alfonzo (she/her/ella) (@CityFoodLover) December 14, 2021

Serious question if we all just stop paying what are they gonna do? Can we do this twitter? #studentloanforgiveness

— Omari ✨Pfizer Princess ✨ (@Overcast96) December 13, 2021

This aged well #studentloanforgiveness

— David Leavitt 🍕🎮🎲🧙‍♂️ (@David_Leavitt) December 14, 2021

Every time I get one of these requests in the future I will answer it like this. Sorry (name) but my $15 went to my student loans. #studentloanforgiveness

— Quique (@AwesomeQuique) December 14, 2021

It is day 329 of the Biden presidency. Joe Biden has cancelled less than 1% of federal student debt. #studentloanforgiveness

— Tracking Biden From The Left (@BidenTracking) December 14, 2021

Latest in Life