Biden's student-loan forgiveness plans are 'a Titanic heading straight for an iceberg,' a top Republican lawmaker says

Dec 15 2022 by Business Insider

 
Rep. Virginia Foxx, R-N.C.

Al Drago/CQ Roll Call

Rep. Virginia Foxx criticized Biden's student-debt relief plans on the House floor on Tuesday. She said his plans to reform income-driven repayment plans would lead to "over-borrowing." Biden plans to lower monthly payments on income-based plans for implementation in the summer. 

A top Republican lawmaker is pleased President Joe Biden's broad student-loan forgiveness plan is held up in court — but she wants to see his other proposed reforms...

Continue Reading Biden's student-loan forgiveness plans are 'a Titanic heading straight for an iceberg,' a top Republican lawmaker says