Political Quotes

“I thank the gentleman for wanting to work with me on this. Certainly this is a serious problem, and it is a serious problem for my constituent, and I am sure constituents in any other district in our country. But there is a misstatement in the gentleman's words. It is voluntary right now on the part of the private lenders, and this bill would codify the requirement to ensure that disability discharge for private student loans is not a choice. Certainly, when you sign up for a loan, you don't think about planning for becoming totally disabled and unable to afford your own student loans. Unfortunately, as my constituent case shows, some private lenders do not voluntarily discharge for the borrower and the cosponsor in the case of permanent and total disability. I believe we have a duty to stand up for the most vulnerable among us. This bill would help accomplish that goal. I commend the lenders who do step up voluntarily, but we need to codify this discharge of liability in the case of total or permanent disability. I urge support, and I reserve the balance of my time.”