WASHINGTON — Senate Republicans are attempting to overturn President Joe Biden’s student loan forgiveness program by deploying a procedural tactic that allows them to avert a filibuster and pass it by a simple majority.
Senators Bill Cassidy, John Cornyn and Joni Ernst introduced the Congressional Review Act resolution singling out Biden’s 2022 executive order, which would forgive as much as $20,000 in student loan debt per borrower. The program, which is currently blocked while it awaits a Supreme Court ruling, is limited to those that make less than $125,000 a year for individuals or $250,000 for households.
Opponents of the student forgiveness program argue that it is unfair to borrowers who have already paid back their debt or took measures to avoid accruing student loan debt.
