A crew of Republicans is gearing up for a bid to dismantle President Joe Biden's student loan forgiveness program, possibly as early as this week.
Sens. Bill Cassidy , Joni Ernst , and John Cornyn are preparing to bring forth a resolution that would overturn the student loan forgiveness program, which is tangled up in the courts. Biden is widely expected to veto the measure if it makes it to his desk, but the bill would put Democrats on the spot.
On the heels of that GAO finding, the three announced plans to bring forth a resolution tapping into those powers to undercut the forgiveness plan. Biden unveiled the sweeping student loan cancellation program last August. Republicans appear keen on exposing fractures within the Democratic coalition on student loans. Progressives, such as Sens. Elizabeth Warren and Bernie Sanders , have roundly applauded the measure, but more centrist members, such as Sens. Joe Manchin and Catherine Cortez Masto , have been apprehensive.
A lower court in Texas halted the program last November. The White House revealed it garnered roughly 26 million applications and approved 16 million for relief, but cancellation has not yet taken place amid the legal squabbling. The Supreme Court is expected to make a determination on the program's legitimacy by June or July.
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