As details of the agreement began to circulate, advocates said they were surprised to hear it included a provision effectively requiring the Biden administration to start collecting federal student loan payments.
the GOP-resolution repealing the administration’s student debt relief plan and that, at the Supreme Court, the administration is defending its plan against “special interests attempting to deny relief to millions of hard-working Americans, most of whom make less than $75,000 a year.”that he made too many concessions in the debt ceiling negotiation process.
But that’s little solace for student debt relief groups. They say that Biden gave up one of the administration’s most important tools to protect borrowers if the Supreme Court strikes down the president’s plan to cancel up to $20,000 in federal loans. The court is expected to announce its decision in the coming weeks, and both the president and debt relief advocates have expressed doubt that the administration will be allowed to move forward with the proposal.
“Codifying the end of the payment pause before you know how the Supreme Court will rule on broad-scale relief is reckless and tells student debtors that they’re bargaining chips not worth fighting for,” said Braxton Brewington, spokesperson for the Debt Collective.
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