As a member of the House Education and Workforce Committee, I am committed to supporting students pursuing a college degree while defending the American taxpayers. This Congress, I will continue my work to bring more transparency and accountability to higher education on behalf of students across the country, which will increase the value of college for a greater number of Americans.
That is why I proudly reintroduced the Protecting Taxpayers from Student Loan Bailouts Act. My bill, which was included in last year’s College Cost Reduction Act, will prevent future Administrations from replicating President Biden’s student loan bailout scheme that could have cost taxpayers—many of whom didn’t attend college or already paid off their loans—up to $1.4 trillion.
My bill will shield your pocketbook from debt forgiveness schemes that unfairly benefit those who chose to take out loans for college at the expense of those who didn’t. The issue of alleviating the burden of student loan debt is complex, and it requires a more thoughtful and responsible approach that both avoids treating people unfairly and the economic consequences of adding upwards of $1 trillion to our national debt.
To read more about the Protecting Taxpayers from Student Loan Bailouts Act, click here.