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Senate Resolution Takes Aim at Biden’s Student Loan Forgiveness Program

Submitted by jhartgen@abi.org on

President Joe Biden’s student loan forgiveness program faces a new threat from Senate Republicans even before the U.S. Supreme Court rules on whether it can be implemented, CNN.com reported. Republican Sens. Bill Cassidy of Louisiana, Joni Ernst of Iowa and John Cornyn of Texas, along with 36 other GOP senators, introduced a resolution on Monday to overturn Biden’s debt relief program, which promises up to $20,000 of debt relief for eligible borrowers. The measure would also end the pandemic-related pause on federal student loan payments, which has been in place since March 2020 and is set to expire this summer. Biden would very likely veto the resolution if it succeeds in both the Senate and House. But votes would force members of his own party, who have not all been in support of the student loan forgiveness program, to take a public stance. The program is currently blocked. The Supreme Court is expected to issue its ruling in late June or early July.