The North Carolina Independent News reported this week on the new chair of the U.S. House Subcommittee on Higher Education, Lifelong Learning, and
“„Ms. Foxx has criticized legislation that endedthe bank-based program for supplying federal student loans in favor of 100-percent direct lending, in which students obtain their loans from the Department of Education. She said on Tuesday that the bill “eliminated choice, competition, and innovations from student lending,” and promised hearings aimed at making “improvements to a very flawed law.”