Lisa Madigan: “I support Senator Durbin's bill to allow private student loans to be discharged in bankruptcy”

The law should preserve the states' ability to use their own consumer protection laws and Congress should give the states the right to enforce the Federal law.

We are looking at student loans as really just the next predatory lending issue that we need to contend with.

As a state official, I oppose Federal legislation that limits our ability at the state level to respond to and to safeguard our residents.

Congress should include a provision that requires entities holding sensitive information to take reasonable steps to protect that information.