House Education and the Workforce Hearing on Student Loans

On March 23, the House Education and the Workforce Subcommittee on Higher Education and Workforce Development held a hearing titled Breaking the System: Examining the Implications of Biden’s Student Loan Policies for Students and Taxpayers. The subcommittee hearing addressed the Biden Administration’s reforms to the Public Service Loan Forgiveness program, the recent proposed changes to the Revised Pay As You Earn (REPAYE) plan, and the proposed one-time student loan forgiveness plan currently before the U.S. Supreme Court. As reported by the higher education media, it was a contentious hearing in which there was few policy solutions to student loan debt.