Republican Congressman To Introduce Bill Preventing Presidents From Cancelling Student Loans
President Biden, on his way out the door, is approving billions of dollars in additional student debt cancellation.

A Republican congressman plans to introduce a bill that would bar future presidents from cancelling student loan debt, as President Biden has been doing for the last two years. In total, the 46th president has canceled more than $175 billion in loans for nearly five million people. Just before Christmas, he approved nearly $5 billion more in loan cancellations.
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