Groups Warn of 'Financial Disaster for Millions' If Supreme Court Kills Student Debt Relief

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'If the Supreme Court sides with the extremist judges, millions of Americans' monthly costs will rise significantly when student loan payments resume later this year,' says a report commissioned by SenWarren.

"If the Supreme Court sides with the extremist judges, millions of Americans' monthly costs will rise significantly when student loan payments resume later this year," says a report commissioned by Sen. Elizabeth Warren.Striking down President Joe Biden's student debt relief plan would have devastating impacts on millions of borrowers, advocacy groupsin a report released Monday, one day before the U.S.

"Reducing debt burdens through cancellation will help avoid defaults when student loan payments resume and ensure borrowers do not face financial ruin as the economy continues its recovery from the Covid-19 pandemic," according to the report, which was provided exclusively toHowever,"if the Supreme Court sides with the extremist judges, millions of Americans' monthly costs will rise significantly when student loan payments resume later this year," the report cautions.

 

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