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Biden Administration Threatens to Veto GOP Move Against Student Loan Forgiveness

Biden Administration Threatens to Veto GOP Move Against Student Loan Forgiveness
President Joe Biden speaks during a press conference following the G7 Summit of world leaders in Hiroshima, Japan, on May 21, 2023. Kiyoshi Ota/Pool/AFP via Getty Images
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The White House announced that President Joe Biden would veto a Republican-led House measure that would halt the administration’s student loan forgiveness program.

In a Statement of Administration Policy released on May 22, the White House expressed its disapproval of H.J. Res. 45, which would disapprove the student loan forgiveness plan that would have provided up to $20,000 in relief to millions of student loan borrowers.