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 March 20, 2023

GOP senators to use Congressional Review Act to cancel Biden's student loan debt program

Conveniently close to the 2022 midterms, President Joe Biden unveiled his plan to forgive certain types of student loan debt. 

Biden's plan included a program that would forgive up to $20,000 in student debt for federal borrowers making under $125,000 a year. But Republicans are finally taking a stand and using available tools to block it.

According to Business Insider, three Senate Republicans, Sens. Bill Cassidy (LA), John Cornyn (TX), and Joni Ernst (IA) proposed a resolution using the Congressional Review Act (CRA) to nix the program.

The CRA can be used to overturn rules set by federal agencies, though the Department of Education doesn't believe CRA applies to Biden's student loan debt forgiveness program.

"President Biden’s student loan scheme does not ‘forgive’ debt, it just transfers the burden from those who willingly took out loans to those who never went to college, or sacrificed to pay their loans off," Cassidy said in a statement.

Cassidy added, "Where is the relief for the man who skipped college but is paying off his work truck, or the woman who paid off her loans and is now struggling to afford her mortgage? This resolution prevents these Americans, whose debts look different from the favored group the Biden administration has selected, from picking up the bill for this irresponsible and unfair policy."

ACLJH chief counsel Jay Sekulow argued that Biden's program is "illegal."

"America has a system of checks and balances, and President Biden's plot to use your money to forgive student loans is ILLEGAL. We’ve filed a brief to ask the Supreme Court to block this scheme and protect the Constitution," Sekulow tweeted.

The loan forgiveness program never really got off the ground, as it was quickly paused by a mountain of legal challenges from various groups.

Insider explained:

In November, two of those lawsuits succeeded in pausing the relief's implementation, and the Supreme Court heard oral arguments in the cases last month. It will issue a decision on the legality of Biden's relief by June. Until then, millions of borrowers just have to wait and see whether they will resume repayment this year with any relief.

There's no indication of when the high court's decision will come down but is likely to be sometime in late summer, as is typical.

A House education committee is also expected to open a review into Biden's debt forgiveness program, the outlet added.

Only time will tell if Biden can come through on his promise to debt-laden students across the country, many of whom voted based on that promise.

Written By:
Ryan Ledendecker

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