Political and Legislative

White House and Republicans Both Claim Victory Regarding Student Loans in Debt Limit Bill

The hot-button issue of student loans has found its way into the high-stakes debt ceiling deal, with Republicans claiming a victory that the end of the pandemic-era payment pause is locked in and the White House arguing that no concessions were made.

The debt deal outlines that the pause ends 60 days after June 30, which takes off the table another extension that advocates were hoping to extract from President Biden.

Biden had outlined in November that payments would resume either 60 days after the Supreme Court rules on his student loan forgiveness plan or 60 days after June 30, whichever came first. But the final bill text doesn’t factor in the high court decision at all.

Read the source article at thehill.com

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