Biden Vetoes Bill to Cancel Student Loan Forgiveness Program.

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Source: Forbes
Biden Vetoes Bill to Cancel Student Loan Forgiveness Program.
Photo: Forbes
TL;DR Summary

President Biden has vetoed a bill passed by Congress that would have nullified his student loan forgiveness plan and most recent extension of the student loan pause. However, as part of a compromise to raise the debt ceiling, Biden agreed to officially end the student loan pause later this summer. The Supreme Court is expected to rule on Biden's student loan forgiveness plan this month, and advocates are urging the administration to consider a backup option in case of an adverse ruling.

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