Republican Sen. Bill Cassidy of Louisiana.Tom Williams/CQ-Roll Call, Inc via Getty Images The Senate just passed a bill to overturn student-debt relief and end the payment pause. The House passed the bill last week with bipartisan support. Biden said he will reject the legislation should it make it to his desk. Both chambers of Congress have officially passed a bill to overturn President Joe Biden's student-debt cancellation and throw borrowers back into repayment immediately.On Thursday, the Senate passed a bill — first introduced in March — to overturn Biden's plan to cancel up to $20,000 in student debt for federal borrowers making under $125,000 a year by a vote of 52-46.

BING NEWS:
  • Student Loan Forgiveness Repeal Could Be Included In GOP Bill In January
    A key GOP lawmaker suggested this week that a repeal of time-based student loan forgiveness could be included in an upcoming reconciliation bill early next year.
    12/12/2024 - 4:49 am | View Link
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