Fox News White House correspondent has the latest on the president's plan for student debt following his Supreme Court case loss on 'Special Report.'After the Supreme Court ruled on President Biden’s illegal, the scheduled return to loan repayment should have been straightforward: Interest began accruing on September 1st, and student loan bills should be due in October.
Everyone has known since June 3, when the president signed the debt ceiling bill, that borrowers would need to restart paying their loans in October. Based on the administration’s own communications, borrowers should have been prepared much earlier: In August of last year, Sec. Cardona told the public that the final extension would expire at the end of 2022.Now, loan servicers will send bills .