FBC Submits Comments on Student Loans

Today the Family Business Coalition filed comments with the Department of Education, opposing proposed changes to the Borrower Defense to Repayment rule. As an organization that is dedicated to protecting family businesses as America’s economic engine, we are deeply concerned with the Biden Administration’s proposed Borrower’s Defense Rule (BDR) that would provide a pathway for full forgiveness of the roughly 1.6 trillion dollars in direct loan debt held by the US government. American families are already busy contending with record inflation, rising consumer costs and economic uncertainty. They should not be forced to…continue reading →