Biden Vetoes Attempts to Overturn Student Loan Forgiveness

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Source: The Washington Post
Biden Vetoes Attempts to Overturn Student Loan Forgiveness
Photo: The Washington Post
TL;DR Summary

President Biden has vetoed a Republican-led resolution that aimed to strike down his plan to forgive over $400 billion in student loans. The resolution would have restarted loan payments for millions of borrowers that have been on pause since early in the pandemic and prevented the Education Department from pursuing similar policies in the future. Biden said the resolution would have kept millions of Americans from receiving essential relief as they recover from the economic strains associated with the COVID-19 pandemic. The student loan forgiveness program has faced legal challenges, and the Supreme Court is set to issue a ruling on its legality before the end of June.

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