Democrats and Republicans are pressuring the Biden administration to clarify many questions about its plans to cancel student loans. Republicans are asking for specific information about the president’s legal authority to cancel student loans, while Democrats are asking for information on plans to implement at least some of Biden’s upcoming decisions to cancel student loans.
A coalition of 55 Democratic lawmakers wrote a letter to Education Secretary Miguel Cardona on Wednesday, demanding that Biden provide specific information about the Department of Education’s plans to ensure there are no “unnecessary barriers and obligations” in moving forward with its debt relief plan. , Which is now expected towards the end of summer
Meanwhile, Senator Richard Barr, a ranking member of the Senate Committee on Health, Education, Labor and Pensions, and Virginia Fox, a ranking member of the North Carolina House Committee on Education and Labor, wrote a letter to Cardona on Wednesday. Requesting the department to provide clear evidence of their legal authority for the various steps that the administration has taken so far to deal with student debt.
The letter from Democrats, led by Minnesota Representative Ilhan Omar, said, “The American people will rely on your ability to pay off debt quickly and efficiently, regardless of the effort and resources required.”
“We want a comprehensive timeline for implementation of cancellations, including when your agency plans to start canceling these loans and when you expect the loan cancellation process to be completed under an executive order,” the letter continued.
Democrats are urging the administration to reach out to borrowers and lenders for specific plans so that eligible borrowers will have access to any final debt cancellation program.
Republicans have asked the Department of Education to explain why the Biden administration used any statutory powers to implement 14 executive actions on student loans. These activities include the creation and extension of student loan repayment breaks, which have been in place since March 2020; Establishment of public service debt waiver; And student debt held by former Corinthian college students discharged 5.8 billion, among others.