Foxx, Owens Question Cardona about Fraud within Biden’s Student Loan Scam
WASHINGTON, D.C., June 14, 2023
WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) and Higher Education and Workforce Development Subcommittee Chairman Burgess Owens (R-UT) sent a letter to Department of Education Secretary Miguel Cardona highlighting the potential for fraud within President Biden’s student loan scam.
In the letter, Reps. Foxx and Owens write: “[We] write to express our deep concern about the potential for fraud within the Biden student loan debt transfer plan. Specifically, the U.S. Department of Education’s (Department) borrower application for student loan debt relief allows, or otherwise affirmatively endorses, self-certification of income. Allowing borrowers to self-attest that they fall under the income threshold will undoubtedly lead to fraud and abuse.”
Reps. Foxx and Owens continue: “As the Government Accountability Office’s (GAO) Comptroller General Gene Dodaro observed earlier this year in his testimony about fraud in pandemic spending, ‘[federal] agencies should have been much better prepared in order to prevent fraud.’ With this as an observation and warning, it is obvious the student loan debt transfer plan and its income self-certification are fundamentally ill-advised given their potential for fraud.”
The members conclude by questioning the Department about its efforts to prevent fraud:
To read the full letter, click here.