When the economy was shut down in March 2020, it made sense to allow student loan borrowers to defer their payments. If you don’t have a job, you can’t pay off your student debt.

But now that President Joe Biden is bragging about record job growth and the unemployment rate is functionally the same as it was before COVID-19 (3.5% in February 2020, compared to 3.8% today), it is far past time for this student loan debt moratorium to end. People have jobs, and they can pay off their student debts.