GOP Lawmakers Criticize Biden-Harris Student Loan Policies
Federal report reveals only 40% of borrowers are making payments, raising concerns over administration's approach.
- Reps. Virginia Foxx and Sen. Bill Cassidy claim the Biden administration misleads borrowers to gain votes.
- The Government Accountability Office report shows 30% of loans are past due, totaling $290 billion.
- Cassidy argues the administration's policies unfairly shift debt burden to taxpayers.
- Foxx calls for real solutions like the College Cost Reduction Act to address high education costs.
- Borrowers are not penalized for missed payments until after the November election, per Department of Education policy.
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