On the recordApril 15, 2015
I rise to support this amendment. This simply simplifies the repayment options for students under the present student loan program, which is, frankly, very confusing--up to nine different programs with confusing names and confusing terms. This boils it down to two simple ones: a fixed repayment schedule or a variable schedule based upon income. I should mention that I see this as an important stand-alone provision. I am also going to support Senator Warren's amendment on refinancing student loans. I believe this is an important amendment. I urge my colleagues to vote yes.
