Bobby Scott: “Congressional inaction would cost as much as $103 billion in lost Federal tax revenue.”

The repeal represents the federal government walking away from that responsibility, which jeopardizes the hard-fought progress we have made.

Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.

Instead, they’re forced to deal with uncertainty and chaos created by an administration that has systematically weakened the federal student aid system.

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.