Author Topic: House Republicans demand answers on Biden’s potentially illegal student loan consolidation scheme  (Read 194 times)

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House Republicans demand answers on Biden’s potentially illegal student loan consolidation scheme
By
Breccan F. Thies
April 19, 2024 4:13 pm
.

EXCLUSIVE — A group of House Education and Workforce Committee Republicans, led by Chairwoman Virginia Foxx (R-NC), raised concerns on Friday about whether the Biden administration’s student loan consolidation scheme is illegal.

In a letter obtained exclusively by the Washington Examiner, Foxx and 12 Republicans demanded answers from Education Secretary Miguel Cardona about the legality of consolidating Federal Family Education Loans into the Direct Loan program “in order to further its ‘free’ college agenda.”

“The Biden administration has relentlessly pursued shifting the burden of repaying federal student
loans onto taxpayers with complete disregard to its legal authority,” the letter said, adding that other matters, such as the bungled Free Application for Federal Student Aid, or FAFSA, rollout, have “demonstrated the Department’s serious need for increased oversight and accountability.”

The letter comes as the Biden administration continues to find ways to “cancel” student loan debt, which critics say is forcing taxpayers to foot the bill for elite college degrees.

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https://www.washingtonexaminer.com/news/2972460/republicans-demand-answers-biden-potentially-illegal-student-loan-scheme/
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