WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement on President Biden’s latest student loan rulemaking scheme:
“Like clockwork, the Biden administration continues to drag the nation into a debt spiral by forcing hardworking taxpayers—many of whom never stepped foot on a college campus—to foot the bill for this reckless and fiscally irresponsible action.
“Mr. President, you have no legal ground to stand upon. Your scheme is not steeped in benevolence or goodwill. It is mired in utter contempt for the Supreme Court and every student, family, and hardworking taxpayer in this country.”