Student-loan borrowers are about to be thrown back into repayment, and the economy will suffer — especially if Biden’s debt cancellation is struck down
Insider Ayelet Sheffey June 4, 2023 Education Secretary Miguel Cardona has confirmed student-loan payments will resume this year. The resumption risks jeopardizing the post-pandemic economic recovery and straining consumers’ wallets. The impacts could worsen if the Supreme Court strikes down Biden’s broad student-debt relief. Student-loan payments are resuming this year. It’s likely going to hurt […]
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