By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/politics/biden-vetoes-bill-to-cancel-student-loan-debt-relief Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Biden vetoes bill to cancel student loan debt relief Politics Jun 7, 2023 7:43 PM EDT WASHINGTON (AP) — President Joe Biden on Wednesday vetoed legislation that would have canceled his plan to forgive student debt. The measure had been pushed by Republicans, but it garnered a handful of Democratic votes in the Senate as well. “It is a shame for working families across the country that lawmakers continue to pursue this unprecedented attempt to deny critical relief to millions of their own constituents,” Biden said in a statement when announcing his veto. WATCH: The debt deal set a new date for student loan payments to resume Despite the veto, Biden’s plan still isn’t secure. The U.S. Supreme Court, which is dominated by a conservative majority, is reviewing a legal challenge that could eliminate the program. A decision is expected this summer. 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. Student loan payments were paused at the beginning of the COVID-19 pandemic. However, they will resume in August for anyone whose debt is not wiped out by Biden’s plan. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now By — Associated Press Associated Press
WASHINGTON (AP) — President Joe Biden on Wednesday vetoed legislation that would have canceled his plan to forgive student debt. The measure had been pushed by Republicans, but it garnered a handful of Democratic votes in the Senate as well. “It is a shame for working families across the country that lawmakers continue to pursue this unprecedented attempt to deny critical relief to millions of their own constituents,” Biden said in a statement when announcing his veto. WATCH: The debt deal set a new date for student loan payments to resume Despite the veto, Biden’s plan still isn’t secure. The U.S. Supreme Court, which is dominated by a conservative majority, is reviewing a legal challenge that could eliminate the program. A decision is expected this summer. 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. Student loan payments were paused at the beginning of the COVID-19 pandemic. However, they will resume in August for anyone whose debt is not wiped out by Biden’s plan. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now