The Senate failed to pass a bill that would overturn the new SAVE income-driven repayment plan. AdvertisementThe Senate failed to pass a bill that would strip relief from student-loan borrowers. On November 15, GOP Sen. Bill Cassidy's bill to overturn President Joe Biden's new SAVE income-driven repayment plan, intended to lower monthly payments for millions of student-loan borrowers, failed by a vote of 49-50. "This legislation would mean higher payments for student loan borrowers and would dramatically raise costs for graduates. "But now, my Republican colleagues want you to believe that we cannot afford to lower monthly student loan payments for working class Americans who are struggling to put a roof over her head, pay for child care, and put food on the table?

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Persons: Democratic Sen, Joe Manchin, Biden, —, GOP Sen, Bill Cassidy's, Joe Biden's, Republican Sen, Tim Scott, John Thune, Cassidy, Sen, Bernie Sanders, Sanders Organizations: Democratic, GOP, Service, Republican, Management, Budget, Education Department