House Speaker Kevin McCarthy, R-Calif., arrives at the U.S. Capitol on May 31, 2023.
Sarah Silbiger | Bloomberg | Getty Images
Borrowers, advocates and progressives don’t want to see the payment pause on student loans come to an end.
But that is a part of the debt-ceiling deal, which could be voted on and approved this week. A provision would officially conclude the stay on the bills by September.
Advocates warn that ending the relief could trigger devastating financial consequences for millions of Americans, especially if the Supreme Court blocks President Joe Biden’s student loan forgiveness plan. The justices are likely to strike down the policy, experts say, given their conservative majority. A decision is expected in Ju…
Read the full article at: https://www.cnbc.com/2023/05/31/debt-ceiling-deal-opposition-grows-to-ending-student-loan-relief.html