I am asking a question of Senator Harkin and then I will be happy to yield. What I would like to put in perspective is $715 million to the Treasury over 10 years. Over a 10-year period of time, CBO estimates the government will make $1.4…
Dick Durbin
The Public Record
Richard Durbin, commonly known as Dick Durbin, is an American politician serving as the senior United States senator from Illinois since 2005. A member of the Democratic Party, he has held various leadership roles, including Senate Majority Whip. Durbin has been a prominent advocate for issues such as healthcare reform, immigration policy, and gun control. He has also played a significant role in negotiations on budget and appropriations matters in the Senate.
So .0005 percent. Do you know what it means to the cost of a student loan--that $715 million I am talking about? Mr. President, on average $2.76 for each loan over the ten year period. So if you borrow $2,000 or $3,000, over the life of…
I announce that the Senator from Missouri (Mrs. McCaskill) is necessarily absent. The PRESIDING OFFICER. Are there any other Senators in the Chamber desiring to vote? The result was announced--yeas 46, nays 53, as follows: [Rollcall Vote…