Biden’s student loan forgiveness program faces a new threat from Senate Republicans

Biden’s student loan forgiveness program faces a new threat from Senate Republicans


Washington
CNN
 — 

President Joe Biden’s student loan forgiveness program may face a new threat from Senate Republicans even before the US Supreme Court rules on whether it can be implemented.

Republican Sens. Bill Cassidy of Louisiana, Joni Ernst of Iowa and John Cornyn of Texas are planning to introduce a resolution to overturn Biden’s debt relief program, which promises up to $20,000 of debt relief for eligible borrowers, as soon as this week.

Biden would very likely veto the measure 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.

“President Biden’s student loan scheme does not ‘forgive’ debt,…

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