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Press Release

FreedomWorks Urges Senate to Reject the Education Borrower Defense Rule CRA Resolution, H.J.Res. 76

WASHINGTON, D.C. -- In advance of the Senate vote on the Education Borrower Defense Institutional Accountability Rule CRA Resolution, H.J.Res. 76, FreedomWorks issued a key vote NO alert, available here. Adam Brandon, FreedomWorks’ President, commented:

“When it is no secret that Democrats -- including those running for president in 2020 -- increasingly want to fully forgive federal student loans with little to no exceptions, it is evident that their targeted move to undo this new borrower defense education rule is made in bad faith.

“The revised rule is the result of more than two years of deliberations and significant input from the public and from higher education stakeholders. Fortunately, the new regulations address many of the flaws of the existing structure of borrower defense. They should not be undone.”