Many borrowers may not realize that enrolling in a new Biden initiative when student loan payments resume could wind up cutting them off from other loan repayment plans.
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it s going to be an era of the supreme court really being run by the american political right. friends, thank you very much. really great to get all of your perspectives. i want to turn now to former secretary of education arne duncan. secretary duncan, thanks for being here. as you heard us talking, president biden today explained that he has a new plan to help students who now feel left in the lurch. here s what he said about that. creating a temporary 12-month, what we re calling on-ramp repayment program. now, this is not the same as the student loan pause. if you miss payments this on-ramp temporarily removes the threat of default or having your credit harmed. okay, so help us understand how this will work. well, it s not easy, and president biden is a fighter. he ll leave no stone unturned and look at his authority under
decade. and it means it s going to be an era of the supreme court really being run by the american political right. friends, thank you very much. really great to get all of your perspectives this evening. i want to turn now to former secretary of education arne duncan. secretary duncan, thanks so much for being here. as you just heard us talking, president biden today explained he has a new plan to help students who now feel left in the lurch. here s what he said about that. we re creating a temporary 12-month, what we re calling on-ramp repayment program. now, this is not the same as the student loan pause. if you miss payments, this on-ramp will temporarily remove the threat of default or having your credit harmed. help us understand how this will work. well, it s not easy, and president biden is a fighter. he ll leave no stone unturned. he ll look at his authority under the higher education act.