NBC’s Monica Alba: Student Loan Ruling Is ‘an Enormous Setback’ for Biden

EXCERPT:

ALBA: "Well, Ana, as you can expect, this an enormous setback for this president and this administration in a campaign promise and something that they were hoping was going to be critical, especially for young voters, heading into the 2024 election. But I can tell you now, checking in with sources inside the White House on their reaction, that it is one of vowing to fight back, saying that the president is not done fighting for these borrowers, that he’s going to have more to say about it later today, so we can expect some formal remarks at the White House in the next couple of hours, and that he is going to be announcing some new actions, according to this source, specifically for borrowers, and will announce this in order to try to help to encourage them in any way he can to try to help protect them."