Political Quotes

“I rise today to introduce my first bill in the U.S. Senate--a bill to help relieve the burden of student debt for young entrepreneurs from New Hampshire and the entire country. Most of us have seen personally how heavily the burden of student loan debt weighs on students and families across New Hampshire. Less visible, but no less important, is how student loan debt is weighing down our economy--stifling innovation and job creation. Student loan debt is preventing the next generation of entrepreneurs and innovators from opening their own businesses. A New York Times report highlighted that the percentage of new entrepreneurs between 20- 34 years old fell to 25 percent in 2014, down from almost 35 percent in 1996. And Gallup found that 19 percent of graduates with student loan debt say they have delayed starting a business because of it. It is time to once again unleash the entrepreneurial potential of our young people into creating the jobs of the future. That is why this week I introduced the Reigniting Opportunity for Innovators, ROI, Act, the first bill I am writing as a U.S. Senator, which would help provide the relief necessary for young entrepreneurs to start up and grow innovative small businesses. The ROI Act will allow eligible founders and full-time employees of certified small business to defer their Federal student loan payments and interest accrual for up to 3 years while launching a startup.…”