On Wednesday, President Joe Biden vetoed a bill that would have blocked his plan to forgive student loan debt.
The bill would have ended debt forgiveness for up to $20,000 for students who went to college on Pell grants and $10,000 for those without.
“Some of the same members of Congress who supported this bill voted for huge tax cuts for corporations and the wealthy as well,” said Biden. “But when it comes to hard-working Americans trying to get ahead, dealing with student debt relief, that’s where they drew the line.”
Sen. Joni Ernst, an Iowa Republican, criticized Biden after the veto, saying, “What President Biden is doing is transferring those student loans and those student loan debts onto the backs of hard-working Iowans and others.”
The legality of the loan forgiveness program is now in the hands of the Supreme Court. The Justices are expected to make a decision this summer.
