Biden vetoes bill to cancel student loan forgiveness plan.

President Biden has vetoed a bill that would have canceled his plan to forgive student debt, which had been pushed by Republicans and garnered some Democratic votes. However, the U.S. Supreme Court is reviewing a legal challenge that could eliminate the program. Biden's plan would forgive up to $20,000 in federal student loan debt for borrowers making less than $125,000 per year, but student loan payments will resume in August for those not covered by the plan.