President Biden vowed to forge ahead on student loan forgiveness efforts for borrowers despite efforts by Republican lawmakers to derail his relief policies.
on Wednesday touted progress his administration has made in delivering student loan forgiveness to tens of thousands of borrowers, vowing to forge ahead despite Republican efforts to derail his debt relief policies.
The president’s remarks followed an announcement by the Education Department earlier in the day that it has approved an additional 125,000 borrowers for a total of $9 billion in loan forgiveness through existing federal programs. The administration has pursued targeted debt relief as Biden’s signature plan to forgive up to $20,000 in federal student loans for millions of borrowers faced legal challenges and was ultimately struck down by the Supreme Court.
Two groups, the Cato Institute and the Mackinac Center for Public Policy, filed a lawsuit in August to block Biden from canceling loans through the IDR adjustment. A federal judge
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