Supreme Court's Decision on Biden's Student Loan Plan Looms

The US Supreme Court is set to rule on President Biden's plan to forgive up to $20,000 per student loan, which would cost roughly $400 billion in loans. Experts predict that the court will rule against the plan, and borrowers should prepare to start repaying their loans again this year. Jacob Channel, senior analyst with LendingTree.com, advises borrowers to assume the worst and call their lender now if they know they cannot meet the monthly note.