Due Date: Student Loan 'Grace Period' Ending

Episode Transcript

Speaker 1 (00:00):
Starting October first, the remaining grace period for those who
had student loans halted during the pandemic will be over,
meaning missed payments will count toward delinquency. Former Assistant Attorney
General John u tells Fox this stems from the Supreme
Court rejecting the Biden administration's loan forgiveness program.

Speaker 2 (00:15):
President Biden and his age went back and.

Speaker 3 (00:17):
Tried to find every little nook and cranny they could
create somewhat smaller programs to try to cancel debt efforts
to stretch out payments essentially say we're going to modify
your loans and then you don't have to really pay
anything every month.

Speaker 1 (00:30):
But so far the courts have denied those efforts too,
meaning most loans are now due, just as they were
before the pandemic. Corey Jolson News Radio seven forty KTRH