Preston Cooper
Role at the time: Senior fellow, American Enterprise Institute
Defended or excused
Statement summary
Cooper supports renewed federal collection and argues that continued delay increases the eventual burden because interest keeps accruing.
“We need to collect defaulted federal loans. The admin is right to be thinking about the best way to turn collections back on.”
Read the original post (opens in a new tab)Preston Cooper supports resuming defaulted federal loan collectionsPost 2112184815743054146
Cooper supports renewed collection and argues that delay increases borrowers' interest costs.
Why we used this label
The reference is resuming collections. Cooper directly supports that action and gives an interest-cost justification.