On Thursday the U.S. Senate voted to block President Joe Bidens student-debt relief program. Without the program, which is also being challenged in the Supreme Court, payments for borrowers will resume in August, per The Washington Post.
Biden is expected to veto the bill.
Even with Bidens veto, loan payments are expected to resume in two months. Here are key dates and information borrowers should keep in mind as they ease back into making student loan payments.
The news: After the House voted to overturn Bidens student loan forgiveness plan on May 24, the Senate affirmed the action on June 2, voting 52-46 against the bill, the Post reported. Biden has said he will veto the bill.
Bidens executive action to forgive student loans unilatera…
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