The Senate passed a Congressional Review Act (CRA) measure overturning Biden’s $400 billion student loan forgiveness plan.
Biden will likely veto the measure.
A CRA only needs 50 votes to avoid a filibuster. It is also a “resolution approved by the House and Senate was written under the Congressional Review Act, which lets Congress reject an executive branch policy as long as both the House and Senate pass a resolution disapproving of that policy.”
Biden’s plan would have given “40 million borrowers up to $20,000 in loan forgiveness.”
Democrat Sens. Joe Manchin (WV) and Jon Tester (MT) and Independent Krysten Sinema (AZ) voted with the Republicans.
Thank you, Sen. John Thune (R-SD):
“It’s something of a slap in the face to Americans who chose more affordable college options or worked their way through school to avoid taking on student loans, or whose parents scrimped and saved to put them through college,” Sen. John Thune, R-S.D., said on the Senate floor before the vote about Biden’s plan.”It’s deeply unfair to ask the many Americans who worked hard to pay off their loans or who never pursued college in the first place to take on the burden of student debt for individuals who took out loans for college or graduate school and agreed to pay them back,” he said.
I chose Oklahoma State University over Michigan and OU because my parents lived in Stillwater. I could live at home without taking out loans and leave school without debt. OSU is also affordable (no out-of-state tuition!).
Sen. Patty Murray (D-WA) whined that people “find themselves unfairly bogged down with massive debt so often through no fault of their own.”
Lady, they took out the loans. They did do it to themselves. While most don’t get the luxury of living at home while at school, you can still choose an affordable in-state school.
Doubtful that Congress would be able to overturn Biden’s veto. But the program could end in the hands of SCOTUS.
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