A top Republican slams Biden’s latest student-loan relief, saying he ‘operates as if he can issue any decree he wants’ on debt forgiveness

A top Republican slams Biden’s latest student-loan relief, saying he ‘operates as if he can issue any decree he wants’ on debt forgiveness

A top Republican lawmaker was quick to criticize President Joe Biden's latest relief for defrauded student-loan borrowers. After Biden's Education Department all former students of the now-defunct for-profit Corinthian Colleges will be getting their remaining $5.8 billion in student debt wiped out, Rep. Virginia Foxx — leading Republican on the House education committee — said in a the relief "does nothing to solve the problems in higher education and exacerbates the economic disaster fueled by the President's lack of fiscal responsibility." "Time and again, President Biden operates as if he can issue any decree he wants on student loan forgiveness, even if it means exercising authority that he does not have," Foxx said. "Students deserve to be protected from bad actor institutions. But instead of cherry-picking institutions as scapegoats to justify the billions in taxpayer dollars he's spending on student loan forgiveness, President Biden should work with Republicans to reform the Higher Education Act to hold all schools accountable for their outcomes." The relief Foxx slammed was the biggest action the Education Department has taken to date for students defrauded by for-profit schools. It provided nearly $6 billion in relief for 560,000 borrowers, and it was a group discharge, meaning