"Taxpayers, especially working families, should not be responsible for bearing the costs associated with President Biden's federal student loan suspension," said Thune. "It's incredibly unfair to those who never incurred student debt because they didn't attend college in the first place or because they either worked their way through school or their family pinched pennies and planned for higher education. It's time for borrowers to resume repayment of their student loans, and I'm proud to lead this common-sense legislation that would protect taxpayers and prevent President Biden from suspending these loans in perpetuity."