During the first hearing in this series on the impact of President Biden’s free college agenda, my colleagues and I outlined the costs and consequences of the president’s student loan debt transfer scheme,” said Chair Owens. “America’s college financing system needs fixing but illegal bailouts and executive overreach by the Biden administration will all but ensure it is broken beyond repair. During part two of our hearing, we will continue to hold President Biden and the Department of Education accountable for their devastating agenda that will saddle future generations with other’s debt and exacerbate the failures of a broken system at the expense of students and taxpayers.”
What:
Subcommittee hearing titled “Breaking the System Part II: Examining the Implications of Biden’s Student Loan Policies for Students and Taxpayers”
When:
10:15 a.m. on Wednesday, May 24, 2023
Where:
2175 Rayburn House Office Building
Witnesses:
• The Honorable James Kvaal, Under Secretary of Education, U.S. Department of Education, Washington, D.C.
• Mr. Richard Cordray, Chief Operating Officer, Office of Federal Student Aid, U.S. Department of Education, Washington, D.
Original source can be found here