The Senate GOP plan is made up of five bills aimed at improving college cost transparency and revamping the student loan process.
Alfredo Ortiz, president of the Job Creators Network, criticizes news that the Biden administration is looking at "workarounds" in the event the Supreme Court strikes down the president's student loan forgiveness plan.
Senate Republicans say their plan will tackle the rising cost of post-high school degrees and make it easier for students and families to navigate loan programs. It’s a package of five bills collectively called Lowering Education Costs and Debt Act.Sen. Bill Cassidy, R-La., center, joined by Sen. Tommy Tuberville, R-Ala., left, and Sen. John Cornyn, R-Texas, speaks at a press conference on student loans at the Capitol on June 14, 2023.
"This would prevent some of the worst examples of students being exploited for profit. It would force schools to bring down cost and to compete for students. What an idea," Tuberville said on Wednesday."It would also protect students from getting buried in debt they can never, ever pay."
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