This chapter discusses the challenges faced by student loan borrowers, including cuts to discretionary spending and potential impacts on the economy. It explores the Biden administration's plan to ease student loan payments as a potential solution.
After the Supreme Court threw out President Biden's plan to cut student loan debt, more than 40 million people are preparing to resume payments on their debt. And it's not just former students who could feel the pain. The broader economy could also take a hit. Bloomberg's Denise Pellegrini has details in this special report.
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