Extend student loan payment pause to protect working families

Resuming student loan payments without a clear, affordable pathway to manage debts risks plunging millions of borrowers into financial crisis. Skyrocketing monthly payment amounts pose an unsustainable burden on working families already stretched thin by rising costs of living and inflation. Instead of punishing these households, we must create an income-based repayment system that provides relief from unmanageable payment spikes threatening their economic security. Establishing reasonable, budget-conscious loan terms is crucial to protect borrowers' financial well-being while fulfilling obligations responsibly.