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this post was submitted on 07 Jan 2024
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The timeline of events in 2023 clarifies that the issue of student loan forgiveness and the budget negotiations in Congress were largely separate matters. The federal budget for FY23 was passed on December 23, 2022, covering the fiscal year from October 1, 2022, to September 30, 2023.
The Supreme Court's ruling on the Biden administration’s initial student loan forgiveness program occurred in June 2023, well after the budget had been finalized.
White House reveals draft plans for next student debt relief plan
Progressives worry Biden’s new student loan relief proposal is too small
Furthermore, the discussions and subsequent actions on student loan relief were not a part of the congressional budget process but were instead separate initiatives pursued by the executive branch. This distinction in timing and process indicates that the student loan forgiveness issue was not negotiated out of the FY23 budget by Republicans, as it was not part of the budget discussions at that time.
Edit: removed a link I didn’t copy correctly.