Kline Statement on President's Plan to Bypass Congress, Change Federal Student Loan Policy

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Kline Statement on President's Plan to Bypass Congress, Change Federal Student Loan Policy

The following was published by the House Committee on Education and Labor on Oct. 26, 2011. It is reproduced in full below.

U.S. House Committee on Education and the Workforce Chairman John Kline (R-MN) issued the following statement after President Obama announced his plan to implement changes to federal student loans:

“Sadly, the president has once again chosen to put politics before policy, touting a plan that will do nothing to help the nation’s unemployed workers.

“Despite the administration’s rhetoric, this plan will not create a single job, strengthen our economy, or promote fiscal responsibility. What this plan will do instead is encourage more borrowing across the board. That means more debt for students, more debt for taxpayers, and more red ink on the government’s books.

“If the president is serious about putting people back to work, he needs to get off the campaign trail and work with Congress to enact the 15 bipartisan House-passed jobs bills."

Source: House Committee on Education and Labor