House Republicans again take Biden’s student loan policies to task

Higher Ed Dive

Jeremy Bauer-Wolf
May 25, 2023
Dive Brief:
House Republicans aired frustrations with the Biden administration’s policies around the federal student loan system during a stormy hearing of the Subcommittee on Higher Education and Workforce Development on Wednesday.
Republicans blasted James Kvaal, the U.S. Department of Education’s top higher ed official, as well as Richard Cordray, head of the Office of Federal Student Aid, during the hearing, the second in a series examining the administration’s actions.
Those lawmakers questioned the fairness of initiatives like President Joe Biden’s plan to forgive mass amounts of student loan debt and accused officials of withholding information from Congress about the administration’s student loan and other policies.
Dive Insight:
Policymakers across the political spectrum have expressed a desire to rework the federal student loan program, whose portfolio has ballooned to more than $1.7 trillion as college costs soared.