This document records testimony from a hearing before the Committee on Education and the Workforce that was held to examine the implications of Biden's student loan policies for students and taxpayers. Member statements were provided by: (1) Honorable Burgess Owens, Chairman, Subcommittee on Higher Education and Workforce Development; and (2) Honorable Frederica S. Wilson, Ranking Member, Subcommittee on Higher Education and Workforce Development. Witness statements were provided by: (1) Sameer Gadkaree, President, The Institute for College Access & Success; (2) Marc Goldwein, Senior Vice President and Senior Policy Director, Committee for a Responsible Federal Budget; (3) Adam Looney, Director, Marriner S. Eccles Institute for Economics and Quantitative Analysis, University of Utah; and (4) Carlo Salerno, Economist and Financial Aid Expert. Additional submissions include: (1) Ranking Member Wilson: Letter dated March 23, 2023 from the CRL; (2) Honorable Suzanne Bonamici, a Representative in Congress from the State of Oregon: Letter dated March 23, 2023 from the NEA; (3) Honorable Pramila Jayapal, a Representative in Congress from the State of Washington: College tuition comparison; (4) Questions submitted for the record by: Honorable Ilhan Omar, a Representative in Congress from the State of Minnesota; and (5) Response to question submitted for the record by: Mr. Gadkaree.