Today, Education and Workforce Committee Chairman Tim Walberg (R-MI) issued the following statement slamming the Biden-Harris Education Department’s latest student loan “forgiveness” ploy, which brings the total cost of the administration’s student loan spending spree to almost $184 billion:
“After using billions of taxpayer dollars for its student loan schemes, the Biden-Harris administration is at it again,” said Chairman Walberg. “When this administration entered the White House, it immediately began working on handouts, with zero accountability, for which Biden-Harris expected taxpayers—even if they never went to college—to pick up the tab. Instead, the administration should have been working to address the fact that student loan debt is too high, completion rates are too low, and far too many students are left worse off after paying for college than if they had never enrolled in the first place.
“The courts, Congress, and the American people have recognized this illegal executive overreach for what it is – a ploy to buy votes. It is shameful that, in its final days, the Biden-Harris administration is doubling down on efforts to push as much forgiveness as possible through the door, once again ignoring the rule of law.”