Staff Reports
In a move that will greatly affect millions of students, Joe Biden has vetoed a bill that would have prevented the Education Department from implementing its student loan relief plan. The Supreme Court will now have to decide if the plan will be allowed to go forward. Since the President unveiled the plan, conservatives and Republicans have been opposing it.
Biden Vetoes Congress' Block of His Student Loan 'Forgiveness' Rule; Now It's up to SCOTUS https://t.co/YjS6UAf6Ct
— RedState (@RedState) June 8, 2023
The White House stated that Biden vetoed the resolution due to his commitment to making college more affordable. He also noted that he would provide important relief to students as they recover from the pandemic.
About 40 million borrowers would be affected by the plan. It provides loan forgiveness of up to $10,000 to individuals with annual income of less than $125,000 and those who receive federal grants. The White House explained that the decision was made in response to the authority Congress granted the Department of Education, which has been used to protect borrowers during various national emergencies.
It is astonishing that, despite the federal government's forgiveness of business loans to politicians who have made risky decisions, working families are still not allowed to get their student loan forgiveness. The policies of Biden have created a dark cloud over the country, and Republicans are not happy to see his actions continue.
RedState will keep its readers informed about the status of student loan forgiveness as the Supreme Court deliberates on the issue. It is expected to deliver a verdict in the near future.
Source: Red State
