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Foxx on Leaked Government Overhaul of PSLF

 Today, Republican Leader of the Education and Labor Committee Virginia Foxx (R-NC) gave the following statement after news reports surfaced that the Education Department plans to overhaul the Public Service Loan Forgiveness (PSLF) program:

“The PSLF program has been destined for failure from its inception. Democrats wrote this law alone and now are inappropriately attempting to ‘fix’ it alone.  This poorly conceived program combined with a dismal rollout by the Obama administration has led to confusion and failed promises for millions of borrowers. Now, the Department believes it can simply sidestep Congress and unilaterally overhaul the program.

“The truth is, Democrats were not getting the outcome they wanted, mass student loan forgiveness, so the Department is attempting to skirt the law to please progressives while leaving Congress in the dark. This is a failed party, in a failed administration, rewriting a failed program – in other words, the blind are leading the blind.”


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