03/14/2017
https://www.congress.gov...
"private student loans carry high interest rates, they are difficult to restructure, and in many cases, they have created a barrier for people trying to buy their first homes."
"As I understand the current law, someone goes out, they've got their $2.13 on their paycheck..."
"I think we have heard from our witnesses today that homeownership may be undermined, that there is data suggesting that homeownership is undermined by the growing amount of student loan debt."
"Does it make any sense for a Fortune 500 company that makes high-profit student loans to be able to borrow money for less than one-third of 1 percent from a program that has Federal backing for homeow..."