Tom Harkin: “Each year of raising the retirement age is a 6.5 percent cut in benefits that are already very modest.”

Again, I thank the Senator for this clarifying question. Under this bill, State plans must include a certification that there are in effect in the State requirements that include the establishment of a grace period that allows homeless…

I introduced the Protect Student Borrowers Act with Senators Durbin, Warren and Murphy--and I want to thank Senator Warren for her great leadership on this issue and many other issues.

I look forward to her speedy confirmation.

The Protect Student Borrowers Act would hold colleges and universities accountable for student loan defaults by requiring them to repay a percentage of defaulted loans.