Too many students have been steered into loan arrangements that they will not be able to repay.
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.
We cannot allow that to happen, but we need to not only use that as an opportunity to do the right thing for students in terms of interest rates, but also to address this looming crisis of student debt.
If you are seeing a school claiming 96 percent job placement and they have got a 40 percent federal student loan default rate, something is wrong.
There is no reason why private student loans should get treated any differently than other private debts in bankruptcy.
I want to thank Senator Durbin for having this hearing on a topic that I consider as important as any we are addressing in the Congress today.
I thank my colleague from Texas for speaking with me on this issue. We have been working on it together. Exhibit 1 U.S. Senate, Washington, DC, March 12, 2012. Hon. Leon R. Panetta, Secretary of Defense, Washington, DC. Dear Secretary…
The Securities and Exchange Commission is a Federal agency created under the administration of Franklin Delano Roosevelt after the Great Depression. When the stock market cratered in the Great Depression, Franklin Roosevelt stepped up and…
I say to the Senator from Texas, a point the Senator said earlier, and I think bears repeating at this moment in our dialogue, is that Rosoboronexport is a Russian state-controlled arms export firm. This is no so-called private company…
I would say to the Senator from Texas--and I am sure he has studied this, as I have--it is hard to parse out the elements in the Middle East and decide who is fighting for which team. But when it comes to Syria, they have consistently…
I ask unanimous consent that the Committee on Banking, Housing, and Urban Affairs' Subcommittee on Housing, Transportation, and Community Development be authorized to meet during the session of the Senate on March 15, 2012, at 2:30 p.m…
I ask unanimous consent that the Committee on Indian Affairs be authorized to meet during the session of the Senate on March 15, 2012, at 2:15 p.m. in room 628 of the Dirksen Senate Office Building to conduct a hearing entitled ``Indian…
I ask unanimous consent that the Committee on Finance be authorized to meet during the session of the Senate on March 15, 2012, at 10 a.m., in room 215 of the Dirksen Senate Office Building, to conduct a hearing entitled, ``Russia's WTO…
I ask unanimous consent that the Committee on Environment and Public Works Subcommittee on Clean Air and Nuclear Safety be authorized to meet during the session of the Senate on March 15, 2012, at 10 a.m. in Dirksen 406 to conduct a joint…
I ask unanimous consent that the Committee on Armed Services be authorized to meet during the session of the Senate on March 15, 2012, at 9:30 a.m. The PRESIDING OFFICER. Without objection, it is so ordered. Committee on Environment and…
I ask unanimous consent that the Committee on Agriculture, Nutrition, and Forestry be authorized to hold a hearing entitled, ``Risk Management and Commodities in the 2012 Farm Bill,'' during the session of the Senate on March 15, 2012, at…
I have been in the House and Senate for a number of years. After a while, we detect certain trends. One of the things I am wary of, having seen over the years the abuses associated with it, are these freight train bills that seem as though…
it is my honor to join my colleague and friend, the Senator from Texas. We are on opposite sides of the aisle, but we are on the same side of this issue. Listen to what America has said about what is happening in Syria: Almost 8,000…
I ask unanimous consent that the Select Committee on Intelligence be authorized to meet during the session of the Senate on March 15, 2012, at 2:30 p.m. The PRESIDING OFFICER. Without objection, it is so ordered. subcommittee on housing…
I ask unanimous consent that the Committee on the Judiciary be authorized to meet during the session of the Senate, on March 15, 2012, at 10 a.m., in SD 226 of the Dirksen Senate Office Building, to conduct an executive business meeting…
there is a bill that passed the House of Representatives with an overwhelming bipartisan vote. Its supporters have characterized it as a jobs bill. It is a bill which, frankly, changes many laws and comes over to the Senate. The minority…





