Biden vetoes measure halting student debt relief

Thursday, June 8, 2023 | Tag Cloud

(Worthy News) – President Joe Biden on Wednesday vetoed a plan to cancel his student debt relief plan.

Biden announced last year that he would forgive up to $10,000 in student debt for most borrowers and up to $20,000 for Pell Grant recipients. The plan has encountered legal scrutiny and intense criticism from Republicans, who argue that it unfairly rewards high income earners at the expense of those earning more modest incomes.

The Republican-led House passed the plan to cancel the program in May by a 218-203 margin, while the Senate did so earlier this month by a 52-46 margin. Despite Biden’s attempt to paint opposition to his plan as largely partisan, the measure earned the support of several moderate Democrats to clear the upper chamber.

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