The pandemic is over. The federal public-health emergency has expired. The extraordinary contingencies Washington, D.C., implemented to relieve the pressure that crisis had imposed on Americans are going away. For most, the restoration of normal life is a welcome development. But the beneficiaries of that crisis and advocates of the progressive social engineering it unlocked are furious. And they’re no longer content to sit back and wait for Democrats to make the pandemic’s emergency measures permanent: They’re demanding it.
In exchange for Congress’s agreeing to hike the debt ceiling, Joe Biden consented to the resumption of student-loan repayments. At the end of August, outstanding federal student loans will again begin accruing interest and require servicing. The Biden administration is attempting to cancel roughly $400 billion in outstanding student-loan debt — up to $20,000 per borrower — but the White House’s beneficence is on hold while the Supreme Court reviews the merits of the president’s contention that he can raid the U.S. treasury at will.
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