Bobby Scott: “Representatives Cohen, Rigell, and Thompson wrote in requesting a hearing, particularly as it pertains to Mo' Money…”

The sweeping changes to the federal student loan system originating from that law are compounding the issues that have risen from the dismantling of the Education Department.

The administration had been illegally creating these interagency agreements, which are extremely inefficient and wasteful, and also result in inconsistent enforcement of federal education policy.

Codifying this new system without assessing its effectiveness just doesn’t make any sense.

Student loan debt now exceeds $1.7 trillion. Borrowers need clear guidance and certainty.