Political Quotes

“in just a few moments, we are going to be considering the motion to proceed to the borrower CRA, and I would like to say a few words, understanding that the Senators are expecting this motion to come up in about 5 minutes. This is a joint resolution that was passed on a bipartisan basis in the House of Representatives to overturn the borrower defense rule that has been promulgated by Department of Education Secretary Betsy DeVos. I am pleased to be the Senate's sponsor. Here is what it comes down to--hundreds of thousands of Federal student loan borrowers having been defrauded by their schools. They went to some of these for-profit schools that have gone out of business, but many schools defrauded these students over the years. We in Congress established what was known as the borrower defense. We said, if you borrow money from the Federal Government and go to colleges that we acknowledge as being accredited and they defraud you, lie to you, misrepresent to you what your education is going to cost or what it is going to give you, then, you don't have to be saddled with the student debt for the rest of your life because of their lies, because of their fraud. You have a chance to go to the Department of Education and plead your case that you were defrauded, and you should at least be relieved of some, if not all, of your student loan debt. That is what it is all about.…”