Senate Votes to Block President Biden's $400 Million Student Loan Relief Program
The Senate has voted to block President Joe Biden's student loan relief program, a move that puts the future of debt forgiveness in jeopardy. The Democratic-led Senate handed a stinging rebuke to President Biden on Thursday, passing a measure that overturns his student debt relief plan to give 40 million borrowers up to $20,000 in relief.
A Republican measure overturning President Joe Biden's student loan cancellation plan passed the Senate on Thursday and now awaits an expected veto. The vote was successful thanks to largely party lines, continuing the ongoing political battle over student debt forgiveness.
Biden's initiative would allow 40 million borrowers to claim up to $20,000 in student debt relief for federal student loans. Both the Senate and the House have now passed a bill to block President Joe Biden’s student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of Americans.
But the plan has been mired in legal challenges - WASHINGTON. The Senate voted Thursday to approve a Republican-led proposal to block President Biden’s hotly debated student-debt forgiveness plan, setting up a showdown with the President. In a vote, the Senate passed a resolution disapproving of the Department of Education rule implementing Biden's plan.
The Senate voted Thursday to undo President Joe Biden's student loan relief program. The bill now heads to Mr. Biden's desk, and he has vowed to veto it.
The Senate voted largely along party lines Thursday on legislation to block President Joe Biden’s student debt relief program after the measure cleared a key procedural hurdle, showcasing the deep divisions over student loan policy. The future of student loan forgiveness now rests on President Biden's veto and potential further legal battles.