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On friday, president biden in the wake of the supreme court ruling announced steps he ll take to try to bring relief to borrowers. to compromise, waive, oh release loans, we re creating a temperature ranger 12 - temporary 12-month on-ramp repayment program. now, this is not the same as a student loan pause. if you miss payments, this onramp temporarily removes the threat of default or having your credit harmed. reporter: cnn analyst katherine rampel says borrowers should not expect those ideas to be a great plan b. if those were on a strong legal foundation, i think he probably would have done them already. reporter: the economy could take a hit now that millions will have to start paying down student loans again. it will mean less spending on cars, vacations, appliances. for many, burdens on longer term plans could return. when you have student loan debt that you can t cover, it often results in people delaying ....