Press Releases
Foxx: Democrats Are Up to Their Radical Student Loan Forgiveness Schemes Again
WASHINGTON, D.C.,
December 22, 2021
Today, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) issued the following statement after the Biden administration announced it would extend the pause on student loan repayments yet again: “The president is continuing to use the pandemic to push his preferred progressive policies. Rather than adequately preparing and working with stakeholders to ensure a smooth transition into repayment, the Department has delayed information to borrowers, failed to communicate with servicers, and stonewalled Congress in order to provide back door loan forgiveness through administrative fiat.
“This irresponsible extension places even more burden on taxpayers, who are already on the hook for $100 billion as result of previous extensions. President Biden is using the permanent pandemic narrative to bankrupt our country and bow to the progressive base at the expense of borrowers and taxpayers.” ###
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