Biden vetoes bill to cancel student debt relief program.

1 min read
Source: CBS News
Biden vetoes bill to cancel student debt relief program.
Photo: CBS News
TL;DR Summary

President Joe Biden has vetoed a bill that would have repealed his plan to forgive student debt, which cancels up to $20,000 in debt for tens of millions of borrowers making less than $125,000 per year. Lawmakers who voted for the bill said Biden's plan is too expensive and unfairly benefits college graduates at the expense of taxpayers who didn't go to college. The legislation could still be overturned by the Supreme Court, which is reviewing a legal challenge that could eliminate the program.

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