Politics

Biden blames GOP for student loan ruling as 2024 political consequences loom

President Joe Biden insisted Friday that “this fight is not over” after the Supreme Court struck down his $400 billion student loan forgiveness plan

President Joe Biden insisted Friday that “this fight is not over” after the Supreme Court struck down his $400 billion student loan forgiveness plan. Biden blamed Republicans’ opposition, aiming to direct the ire of millions of borrowers toward them rather than his own party in next year’s elections. The president planned an afternoon address to lay out a series of actions to provide continued relief to 43 million student loan borrowers, and in the meantime tried to stay on the political offensive against the GOP . “The hypocrisy of Republican elected officials is stunning,” Biden said in a statement. “They had no problem with billions in pandemic-related loans to businesses – including hundreds of thousands and in some cases millions of dollars for their own businesses. And those loans were forgiven. But when it came to providing relief to millions of hard-working Americans, they did everything in their power to stop it.” Electoral consequences aside, progressive Democrats in Congress and activists clamored for the White House to offer a swift and substantial response to the court’s decision. Natalia Abrams, president and founder of the Student Debt Crisis Center, said the responsibility falls “squarely” on Biden’s shoulders. “The president possesses the…

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