Senate Republicans challenge Biden's student loan forgiveness program.

1 min read
Source: CNN
Senate Republicans challenge Biden's student loan forgiveness program.
Photo: CNN
TL;DR Summary

Senate Republicans, including Bill Cassidy, Joni Ernst, and John Cornyn, have introduced a resolution to overturn President Biden's student loan forgiveness 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. The program is currently blocked, and the Supreme Court is expected to issue its ruling in late June or early July. Biden's one-time student debt forgiveness program is estimated to cost $400 billion over time.

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