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Fortune
Fortune
Alicia Adamczyk

A Republican plan would end the student loan payment pause

(Credit: Riska—Getty Images)

Republicans in Congress are trying to deal another blow to President Joe Biden's student loan forgiveness efforts that could have wide-ranging impacts on millions of borrowers across the country.

On Wednesday, House Republicans in the Committee on Education and the Workforce voted in favor of a resolution to repeal Biden's plan to forgive up to $20,000 in student debt via the Congressional Review Act (CRA), an oversight tool that allows Congress to reverse recently enacted regulation.

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