Thu Apr 28, 2022 AT 10:04 AM EDT
Republicans have introduced legislation that seeks to put a stop to the Biden administration’s current pandemic freeze on federal student loan payments while also limiting the president’s authority to suspend repayments going forward.
“Taxpayers and working families should not be responsible for continuing to bear the costs associated with this suspension of repayment. This common-sense legislation would protect taxpayers and prevent President Biden from suspending federal student loan repayments in perpetuity,” said Senate Minority Whip John Thune in a statement, one of the bill’s authors, and added any future suspension of loan repayments “should be left to Congress.” Read Full Story