President Biden finally announced his plans for federal student loan cancelation, and Americans could not be getting a worse deal. Biden’s plan does nothing to reform the federal student loan system nor address rising college costs; rather, this administration is forcing taxpayers who never went to college or who made fiscally responsible choices to fund his student loan scheme. It bears repeating... Read more »
Committee on Education and Labor Republican Leader Virginia Foxx (R-NC) sent a letter to Department of Education (Department) Secretary Miguel Cardona regarding a proposed rule on comprehensive reviews of change in ownership. This rule will not fix the problems plaguing the control and conversion application process, but it does unfairly target proprietary institutions. Rep. Foxx writes: “I feel v... Read more »
On Thursday afternoon, Education and Labor Republican Leader Virginia Foxx (R-NC) joined Larry Kudlow on Fox Business to discuss the disastrous consequences of President Biden’s student loan cancellation scheme. Video and key excerpts below: We’re talking real money… “This [is] a hair-brained scheme, that the President has come up with to buy votes. … The Committee for a Responsible Budget is sayi... Read more »
Education and Labor Committee Republican Leader Virginia Foxx (R-NC) has wasted no time in holding the Biden administration accountable, particularly when she sees agencies like the Department of Labor (DOL) or the National Labor Relations Board (NLRB) tipping the scales in favor of union bosses at the expense of American workers. Republican Leader Foxx has now sent 58 oversight letters to the Bid... Read more »
Parents are sick of being called “domestic terrorists” and “extremists” by the Left, but they are even more sick of their children not getting the education they need. That’s why Republicans are proposing solutions that promote educational freedom, increase transparency, protect students from a radical leftist agenda, safeguard women’s sports, and promote free speech on college campuses. These pr... Read more »
Today, Committee on Education and Labor Republican Leader Virginia Foxx (R-NC), Committee on Oversight and Reform Republican Leader James Comer (R-KY), and Oversight Committee Republicans are launching an investigation into the Biden administration's oversight of pandemic relief funds for school districts amid concerns funds are not being adequately targeted to remedy learning losses resulting fro... Read more »
Today, House Education and Labor Committee Republican Leader Virginia Foxx (R-NC); Senate Health, Education, Labor and Pensions Committee Republican Leader Richard Burr (R-NC); House Health, Employment, Labor, and Pensions Subcommittee Republican Leader Rick Allen (R-GA); and Senate Employment and Workplace Safety Subcommittee Republican Leader Mike Braun (R-IN) sent a letter to National Labor Rel... Read more »
In response to the Biden administration’s announcement today that it is initiating a plan to forgive up to $20,000 in student loan debt for households earning up to $250,000, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) and Budget Committee Republican Leader Jason Smith (R-MO) released a fact sheet detailing the more than $330 billion cost of the Administration’s plan as we... Read more »
Today, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) issued the following statement in response to the Biden administration’s announcement that it is extending the student loan repayment moratorium for a fifth time and forcing taxpayers to pay for certain borrowers to receive $10,000 in loan "forgiveness": “Confusion reigns in the Biden administration—borrowers have no clear... Read more »
For anyone who forgot, the Department of Education (ED) radically underestimated the true cost of the federal student loan program. Although the federal government originally expected to generate revenue off student loans, the Government Accountability Office (GAO) recently found that the Education Department’s budget erred by $311 billion. For decades, economists warned that ED’s budget was wrong... Read more »
