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Republicans Propose Bill to Prevent Future Student Loan Forgiveness

share-iconFriday, January 10 comment-icon1 week ago 6 views
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newsweekNEWSWEEK
Republicans Propose Bill to Prevent Future Student Loan Forgiveness

Credited from: NEWSWEEK

  • Representative Glenn Grothman is introducing a bill to stop future student loan forgiveness efforts in the U.S.
  • The proposed Protecting Taxpayers from Student Loan Bailouts Act aims to restrict the Education Department's ability to impose costly regulations.
  • Previous efforts by the Biden administration to cancel student debt have faced significant opposition from Republicans.
  • This new legislation could hinder any mass cancellations a future president might attempt.
  • Despite the bill, some of Biden's debt relief initiatives, such as $4.28 billion in relief for public service workers, are still moving forward.

For full article, visit Newsweek.

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