Yesterday, Senator King and I reintroduced our legislation to reform student loan repayment programs. The Repay Act has two very simple goals: First, students should be presented with clear options on how to repay their student loan debts affordably and in a straightforward manner. Second, taxpayers should no longer subsidize the excessive borrowing and loan forgiveness that Washington has allowed to take place over the past few years. Although more can be done to address the deficiencies in our student loan programs, the Repay Act is a responsible step in the right direction toward better fiscal management of our loan programs that allows students to make well-informed decisions about borrowing for college. #fixthemaze
Posted on: Thu, 08 Jan 2015 19:15:48 +0000
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