A top Republican slams Biden’s latest student-loan relief, saying he ‘operates as if he can issue any decree he wants’ on debt forgiveness
June 3, 2022
Biden recently wiped out $5.8 billion in student debt for defrauded Corinthian Colleges students.
GOP Rep. Virginia Foxx slammed the relief, saying Biden is “exercising authority that he does not have.”
Foxx has long criticized plans to forgive student debt broadly, citing its cost to taxpayers.
A top Republican lawmaker was quick to criticize President Joe Biden’s latest relief for defrauded student-loan borrowers.
After Biden’s Education Department announced all former students of the now-defunct for-profit Corinthian Colleges will be getting their remaining $5.8 billion in student debt wiped out, Rep. Virginia Foxx — leading Republican on the House education committee — said in a statement the relief “does nothing to solve the problems in higher education and exacerbates the economic disaster fueled by the President’s lack of fiscal responsibility.”