President Joe Biden speaks during a cabinet meeting at the White House, Wednesday, June 7, 2023, in Washington. – President Joe Biden on Wednesday vetoed legislation that would have canceled his plan to forgive student debt.
in the Senate“It is a shame for working families across the country that lawmakers continue to pursue this unprecedented attempt to deny critical relief to millions of their own constituents,” Biden saidDespite the veto, Biden's plan still isn't secure. The U.S. Supreme Court, which is dominated by a conservative majority, isIf enacted, Biden's plan would forgive up to $20,000 in federal student loan debt for borrowers making less than $125,000 per year.