The ongoing debate over student debt relief in the Senate.

1 min read
Source: Business Insider
The ongoing debate over student debt relief in the Senate.
Photo: Business Insider
TL;DR Summary

Democratic Senator Joe Manchin will vote with Republicans to block President Biden's student-debt relief plan, which would cancel up to $20,000 in student debt for federal borrowers and immediately end the payment pause. The Senate is expected to take a final vote on the GOP-led bill on Thursday. The House passed the bill last week with bipartisan support. Manchin released a statement of support for "overturning reckless student loan plan," citing concerns about adding to the national debt and undermining existing student loan repayment and forgiveness programs.

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