Get all your news in one place.
100's of premium titles.
One app.
Start reading
Kiplinger
Kiplinger
Business
Katelyn Washington

DARK SECRETS: Are student loans being forgiven or not | Vintage Vibes

graduation cap icon for student loan story

House Republicans are trying to repeal President Biden’s student loan forgiveness plan and the administration's latest efforts to extend the student loan payments pause. Any repeal won't pass the Democrat-led U.S. Senate, but the move comes as the U.S. Supreme Court is still considering the legality of Biden's plan. It also shows that House Republicans aren’t likely to support any form of student loan forgiveness — no matter what the U.S. Supreme Court decides. 

“President Biden’s so-called student loan forgiveness programs do not make the debt go away, but merely transfer the costs from student loan borrowers onto taxpayers to the tune of hundreds of billions of dollars,” said Congressman Bob Good (R-Va.). Good has been a vocal leader in the efforts to repeal Biden’s student loan forgiveness plan.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.