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Biden’s Student Loan Repayment Pause is Fiscal Insanity

Today, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) issued the following statement in response to the Biden administration’s decision to extend the student loan repayment pause for the sixth time:

“Since taking office, this administration has done everything in its power to run the federal student loan program into the ground. This may appease radical members of his party and left-wing advocacy groups on Twitter, but this disgraceful inaction by our commander in chief will have real, harmful repercussions for Americans.  

“President Biden’s actions over the last several months are shameful. Millions of borrowers being used as political pawns. This is not the kind of policy taxpayers ordered, but it’s all that’s on the menu for the Biden administration. We need sane, fiscally responsible policies—not the haphazard decisions being served up by this White House.”

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