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Foxx: Don't Lead From Behind1240 3WC
Washington,
July 15, 2013
Higher Education Subcommittee Chairwoman Virginia Foxx (R-NC), original cosponsor of the House of Representatives’ Smarter Solutions for Students Act, issued the following statement upon the most recent Senate failure to address the July 1 doubling of select federal student loan interest rates: Foxx said, “It’s obvious the White House’s apparent choice to lead from behind on this issue isn’t working." Foxx went on to say that the House Republicans voted more than a month ago to approve a long-term solution to protect student borrowers from an arbitrary doubling of interest rates but that Senate Democrats haven’t been able to agree on a solution of their own. Foxx explained that the policy differences between the House’s Smarter Solutions for Students Act and the President’s original budget proposal are minor. Foxx suggested that the President direct the Democratic-led Senate to build off of those commonalities and not waste the opportunity to strengthen America’s student loan system. |