Political Quotes

“Mr. President, I rise today to reintroduce two pieces of legislation: the Know Before You Owe Act and the Fairness for Struggling Students Act. These bills will take critical steps toward addressing the student debt crisis facing America. Every week my office is contacted by young people and their families who share with me their horror stories about student debt. Many of them are college students or graduates who are getting crushed by student loans the size of mortgages. All too often, these young people were lured into attending worthless, for-profit colleges that left them with worthless diplomas and mountains of debt. It is disgraceful. But it is not only young people facing this debt crisis, it is their parents, their siblings, even their grandparents who did them a favor by cosigning on these loans. They, too, are being held responsible when the loans go into default. Many of these people contact my office because they don't know where to turn. Their debt loan leaves them feeling helpless. They are putting off major life decisions such as buying a home or even starting a family because of crushing student debt. We can't stand idly by any longer and ignore this reality. We have to step up and recognize that this student debt bomb is ticking away. Student loan debt among college students surpassed $1 trillion last year.…”