WASHINGTON, Feb. 3 -- Sen. Ron Wyden issued the following press release:
Oregon's U.S. Senators Jeff Merkley and Ron Wyden joined a group of Senators in releasing a new report of their investigation into how private student loan lenders will reap the benefits from cuts to federal student loan access enacted in Republicans' One Big, Beautiful Bill Act (OBBBA). The report was led by Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and is the first congressional analysis of the impacts of the OBBBA's student loan restrictions on the private lending market.
"The Republican vision of 'Families Lose, Billionaires Win' is leading to less affordable student loan repayment options and a h...