Student debt: White House faces backlash for restarting interest on loans ...Middle East

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The White House is facing backlash about its decision to turn back on interest for student loans as part of its “on-ramp” repayment program, which progressives and advocates argue isn’t enough to help struggling borrowers. The program aims to help those who can’t repay their loans when payments resume this fall by removing the threat of default or harm to credit ratings for 12 months if bills aren’t paid. It’s one of the only routes the Biden administration argues it could have taken since ending the payment pause that ultimately became part of the debt limit deal President Biden struck with Speaker Kevin McCarthy (R-Calif.). The so-called “Plan B” of providing student loan relief w

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