Senate blocks Biden's student loan forgiveness program, setting up potential veto.

The Senate has voted to repeal President Biden's student loan forgiveness plan, which would have forgiven up to $10,000 of debt for most borrowers and $20,000 for Pell grant recipients. The plan faces scrutiny in Congress and the conservative-majority US supreme court, which is expected to rule on it later this month. The Biden administration has vowed to veto the bill, but opponents hope the court will strike down the program. The repayment pause on student loans, which has been in place since March 2020, is set to expire soon, and agencies responsible for overseeing loan repayments could be unprepared to deal with borrowers who haven’t made a payment in more than three years.