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Seems like retroactively adding interest should be illegal, since many would have continued paying during forbearance had interest been accruing. Probably a moot point since Biden will assuredly veto this.
Been a while since the GOP has let legality get in their way.
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Here’s a link with more detail:
https://www.politico.com/news/2023/05/31/senate-advances-repeal-biden-student-debt-relief-00099427
Businesses and wealthy gets millions in “loans” forgiven but nope absolutely not $20k in student loans. Somehow that’s not fair to all the other taxpayers.
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