Sen. Ted Cruz wants to block student loan forgiveness

Senator Ted Cruz has emerged as one of the biggest critics of President Joe Biden’s student loan forgiveness plan and now he and other Texas Republicans are reportedly exploring legal options to block the policy before it takes effect, alleging the move to cancel student debt is actually against the law.

Under Biden’s plan, which was announced last week, the federal government is set to eliminate up to $20,000 in education loans for millions of borrowers using authority under the HEROES Act of 2003.

Read more on Chron.

Micah Ward
Micah Ward
Micah Ward is a University Business staff writer. He recently earned his master’s degree in Journalism at the University of Alabama. He spent his time during graduate school working on his master’s thesis. He’s also a self-taught guitarist who loves playing folk-style music.

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