Senate votes to repeal Biden student loan forgiveness
The Excerpt
USA TODAY
4.1 • 1.2K Ratings
🗓️ 2 June 2023
⏱️ 13 minutes
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Summary
The Senate has voted to repeal President Joe Biden's student loan forgiveness plan.
USA TODAY Investigative Reporter Tricia Nadolny explains how an online program at an HBCU fell short.
New details emerge about Jeffrey Epstein's death.
USA TODAY Money & Personal Finance Reporter Medora Lee talks about why new Alzheimer's drugs are out of reach for many.
There's a new Scripps National Spelling Bee champion.
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Transcript
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| 0:00.0 | Good morning, I'm Taylor Wilson, and this is five things you need to know Friday, the |
| 0:07.8 | 2nd of June, 2023. |
| 0:11.4 | Today, student loan forgiveness gets another setback. |
| 0:24.3 | Plus how an online degree program fell short of its promises. |
| 0:28.1 | And we look at some of the barriers to access for new Alzheimer's drugs. |
| 0:39.1 | The Senate approved a bill yesterday that would repeal President Joe Biden's student |
| 0:43.1 | loan debt forgiveness plan. |
| 0:45.4 | Senators for the most part voted along party lines, though Democrats Joe Manchin and |
| 0:50.0 | Kirsten Sinema both joined Republicans in supporting the resolution. |
| 0:54.9 | The White House says it'll veto the bill, and it doesn't appear Congress has the |
| 0:58.7 | votes to override that veto. |
| 1:01.5 | The move comes as the plan to erase some borrowers debt was already stalled because of two |
| 1:06.1 | cases before the Supreme Court. |
| 1:08.5 | Yesterday's vote is the latest in a series of moves to try and undo President Biden's |
| 1:13.3 | actions on student loans. |
| 1:15.6 | The debt ceiling deal that passed the House this week includes a provision ending the |
| 1:19.6 | pause on student loan payments first put in place by former President Donald Trump at |
| 1:25.1 | the start of the pandemic. |
| 1:28.4 | It revered historically black college and a for-profit education company launched an online |
| 1:34.3 | degree program. |
| 1:35.8 | But some students say it didn't live up to its billing. |
| 1:38.6 | I spoke with USA Today Investigative Reporter Trisha Nadolni to learn more. |
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