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News@lemmy.worldEnglish · 1 year ago

Republican lawmakers launch an effort to block student-loan borrowers from enrolling in Biden's new plan intended to lower monthly payments

www.businessinsider.com

cross-posted to:
brainworms

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Republican lawmakers launch an effort to block student-loan borrowers from enrolling in Biden's new plan intended to lower monthly payments

www.businessinsider.com

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 1 year ago

cross-posted to:
brainworms

Senate and House GOP lawmakers introduced bills to block the SAVE income-driven repayment plan ahead of the resumption of student-loan payments.

GOP lawmakers have introduced bills to overturn Biden’s new SAVE income-driven repayment plan.
The lawmakers say the new plan is an overreach of authority and will cost taxpayers.
Borrowers can now apply for the SAVE plan before bills become due next month.

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OldWoodFrame
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1 year ago
They can force a vote in the House but they can’t make it law without quite a few Democrats so this isn’t actually happening.
- wheresmypillow@lemmy.one
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  1 year ago
  Agreed. This is political theater, not actual policy.

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