On the recordSeptember 28, 2022
I want to compliment my friend the Senator from Ohio for always being willing to speak out on behalf of important people all across the country. I agree with him that organized labor for literally decades has always protected working people. We need to bear that in mind as we sort through the issues that confront us on a regular basis. So I thank him for his comments. Joint Consolidation Loan Separation Act Mr. President, I rise today to actually celebrate a major accomplishment for thousands of Americans who have been trapped for, many times, decades in exploitative joint student loans. This is an issue that is actually near and dear to me because I have been working on it for 7 years, since hearing from a constituent way back in 2015. Sara from Northern Virginia was part of a group of student loan borrowers who entered into something called a joint consolidation loan, which allowed married couples to combine their student debt into a single loan. The truth was, though, that sounded good, but Congress didn't allow anyone to unwind those loans in the event of a divorce or an abusive relationship. So finally, in 2006, Congress got rid of the whole program. But when they got rid of the whole program, they didn't retroactively create an option for those folks who had entered into these joint consolidation loans between 1993 and 2006. So when my constituent Sara had divorced from her husband when she was living in Texas, she was still responsible for this loan.…





