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WASHINGTON – House Education and the Workforce Committee Chairman John Kline (R-MN) and Higher Education and Workforce Training Subcommittee Chairwoman Virginia Foxx (R-NC) today issued the following joint statement regarding the Department of Education's new proposed regulation affecting student borrowers:

"When a school commits fraud against a student, there should be a fair process in place to hold the school accountable and provide relief to students. Congress has given the administration the tools it needs to do just that, and the administration has been urged time and again to use those tools in a responsible way. Yet once again, the department is rejecting the reasonable approach for an extreme, partisan approach. This vague and subjective regulatory scheme—which totals more than 500 pages—threatens to ensnare institutions that are following the law and serving the best interests of their students. Taxpayers will be on the hook for billions of dollars in discharged loans, and ultimately, students will have a harder time accessing the education they need to succeed in life. This proposed regulation should be withdrawn and current protections for students should be enforced in a fair, responsible manner."
   
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