Biden’s Student Debt Relief Plan Voted to Be Blocked By The House

The House of Representatives voted to block U.S. President Joe Biden’s Student Debt Relief Plan. The resolution intends to repeal the program that will cancel $10,000 to $20,000 in loans for student borrowers.

On May 24, the House of Representatives voted to pass a Republican measure that will block U.S. President Joe Biden’s Student Debt Relief Plan. This means that the resolution intends to repeal the administration’s program that will cancel $10,000 to $20,000 in federal loans for student borrowers.

According to Baptiste, the legislation was introduced by Republican Representative Bob Good of Virginia. Nonetheless, the House voted 218-203 against the Student Debt Relief Plan. Reports say two Democratic Representatives, Jared Golden of Maine and Marie Gluesenkamp Perez of Washington, were in support of the Republicans.

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Debate Over Student Debt Relief Plan

An article in NBC News states that the borrowers who are qualified for the Student Debt Relief Plan are those who earn below specific income levels or who have received a Pell Grant. However, Republicans argued that this initiative is unfair to those who have already paid their loans or did not attend college. Furthermore, it will also apparently burden the taxpayers more.

On the other hand, the Biden administration argued that the cost of higher education has already been a lifelong burden of low and average-earning Americans. The Student Debt Relief Plan was supposed to provide a break for borrowers to repay their loans after the COVID-19 pandemic and worsening inflation.

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