Political Quotes

On the recordJanuary 15, 2020
this week the House of Representatives will have the opportunity to stand up for student borrowers who have been defrauded by the schools they attended. The House of Representatives will be voting on a resolution introduced by Representative Susie Lee of Nevada which will allow defrauded student loan borrowers relief from their student debt. Under the Higher Education Act, currently the law of the land, when a student borrower is defrauded by their school, they are entitled to have their Federal student loans to attend that school discharged. That is what Congress intended. Why? The logic behind it is very straightforward. Consider the following: The Federal Government recognizes the accreditation of these schools, colleges, and universities. That accreditation authorizes these schools to offer loans from the Federal Government to pay for the cost of attending. It is a very straightforward process. The schools are accredited. The U.S. Government recognizes the accreditation which authorizes the school to offer courses to students, and then it goes on to say that students attending those colleges and universities will qualify for Federal student loans. Now, that is where this particular statement I am about to make becomes particularly relevant. The school makes promises about the education they are going to offer to the students to entice them to attend and to borrow money to attend.…
Said by
Dick Durbin
Democratic · Illinois
Source
govinfo.gov
Jan 15, 2020

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