On Thursday, March 23, at 10:15 a.m., the Subcommittee on Higher Education and Workforce Development, Chaired by Rep. Burgess Owens (R-UT), will hold a hearing titled "Breaking the System: Examining the Implications of Biden's Student Loan Policies for Students and Taxpayers."
"President Biden lacks the executive authority to implement his $1 trillion executive re-write of the federal student loan program and overlooks this single basic fact: Debt cannot be canceled, only transferred from those who borrowed to those who did not,” said Chair Owens. “Creating an offramp for responsibility, driving up college costs, disincentivizing real loan reform, and forcing hardworking American taxpayers to pay for someone else’s loans is nothing more than a backdoor attempt at free college with abysmal implications for students, taxpayers, and our economy. Republicans are working to responsibly reform the nation's student loan program through Congressional action, and our first subcommittee hearing will tackle this critical issue head-on."
Subcommittee hearing titled “Breaking the System: Examining the Implications of Biden’s Student Loan Policies for Students and Taxpayers.”