Senate passes bill to repeal Biden’s student loan forgiveness program

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Senate passes bill to repeal Biden’s student loan forgiveness program
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The Senate voted Thursday to torpedo President Biden’s student debt relief program.

The legislation passed the Senate on a 52-46 vote, marking the latest blow against Mr. Biden’s signature push to provide student loan forgiveness to tens of millions of Americans.

Republicans have stood firmly against the student loan forgiveness program since Mr. Biden announced in August the federal government would cancel up to $20,000 worth of federal student loans per borrower.The Senate vote came a day after the House passed a deal to increase the nation’s borrowing limit that would force people to start paying their student loan debt again after a three-year pause that was put into place in response to the coronavirus.

“There are a number of problems with the president’s plan for forgiving student debt,” Sen. John Thune, North Dakota Republican, said before the vote. “I say ‘forgiving’ student debt, but it is more like transferring the cost of student debt from the relatively small percentage of taxpayers in this country with student debt to American taxpayers as a whole.

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