Political Quotes

“I rise to object to S. 1220, a bill seeking to transfer the burden of $230 billion in student debt to the 87 percent of Americans who chose not to go to college or already responsibly paid off their loans. To be clear, this legislation does not differentiate between those trapped with overwhelming debt and those who could easily pay back their loans. If this bill is enacted, a majority of those who borrowed money to get a bachelor's degree would not have to pay back even the principal on their loans, and 91 percent of their student debt would be eligible for reduced payments. And it would be subsidized by everybody watching on C-SPAN right now. There is no free lunch. These policies are as unfair as they are irresponsible. Where is the relief for the Louisiana truckdriver who took out a loan to buy a truck? What about the hard-working mom who paid off her student loans but now struggles to afford her mortgage? Would this legislation give those Americans relief? No, it gives them a greater burden.”