On the recordMay 16, 2019
Madam Speaker, right now, we are in the season where folks are deciding where to go to college. A big factor in that decision is their financial aid package. The skyrocketing cost of college is saddling many with outrageous student loan debt. The crippling debt of student loans is reaching $1.56 trillion among 45 million borrowers. It is causing people to delay homeownership, raising a family, and moving comfortably into the middle class. I have introduced the Understanding the True Cost of College Act. It is to help students and families make informed decisions about financing their education and their future by requiring the standardization of communications and the definitions of financial aid terms. It is in the best interest of our country to start addressing this issue in a bipartisan way. ____________________





