Biden seen as trying to have it both ways on economy

Published April 11, 2022 10:15am ET



Just one day after extending the pandemic-era student loan pause for another four months, President Joe Biden touted historically low unemployment, a contrast some say illustrates hypocrisy within the administration when it comes to the economy.

The student loan pause, which began under former President Donald Trump in March 2020, will now last until at least Aug. 31 — and potentially longer. Meanwhile, unemployment crested at 15% two years ago but is now at 3.6% overall and 2% for college graduates.

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