The debt ceiling deal hammered out by President Joe Biden and Speaker Kevin McCarthy ends the pandemic-driven pause in student loan payments that’s been in place for more than three years while preserving Biden’s loan forgiveness plan — at least for now.
But the GOP is pressing ahead with its effort to derail the president’s plan, which would forgive up to $10,000 in student loan debt for those who meet income limits, and another $10,000 for those who got Pell Grants.
The Senate on Wednesday voted to take up a joint resolution of disapproval that would block the forgiveness plan. The measure passed the House last week with the support of every Republican and two Democrats: Reps. Jared Golden of Maine and Marie Glusenkamp Perez of Washington.
