Today, U.S. Secretary of Education Miguel Cardona issued the following statement after Republicans introduced a congressional review act (CRA) to put a stop to the one-time debt relief plan that would benefit millions of working families:
“Republicans in Congress represent millions of borrowers who have applied for student debt relief. It’s a shame for these borrowers—the overwhelming majority of whom make less than $75,000 a year—and their families that their representatives are working so hard to deny them critical relief. Instead of working to support hardworking students and borrowers, Republicans in Congress would rather give trillions of dollars in tax breaks to the super wealthy and the biggest corporations. The Biden-Harris Administration will continue to fight to deliver much-needed support to borrowers trying to get back on their feet after the economic crisis caused by the pandemic.”
