Student Loans
The president vowed to keep pushing to reduce student debt after the Supreme Court blocked his forgiveness plan.
The president took umbrage at a question from Jacqui Heinrich after the Supreme Court ruled against his student loan forgiveness plan.
Miguel Cardona name-dropped Sen. Markwayne Mullin and Rep. Marjorie Taylor Greene following the Supreme Court decision blocking student loan relief.
Democrats are looking for a workaround after the Supreme Court blocked President Joe Biden's student loan debt forgiveness plan.
WHAT'S HAPPENING
The Supreme Court blocked the president’s plan to forgive up to $20,000 in student loans for certain borrowers.
The decision will force the 26 million Americans who applied for forgiveness to pay their loans in full.
The Supreme Court is expected to announce major decisions Friday on President Joe Biden’s student loan forgiveness program and a case that impacts gay rights.
The White House said payments, on hold since 2020 due to the pandemic, will be due in October.
If enacted, Biden's plan would forgive up to $20,000 in federal student loan debt for borrowers making less than $125,000 per year.
The president has vowed to veto the Republican effort, but the Supreme Court will probably get the final say.