On the recordJuly 20, 2020
Just for some final thoughts, Mr. Speaker, I want to reiterate that this is a commonsense requirement that helps both the servicers and the borrowers. Remember, the servicers will receive a lump-sum payment and should, therefore, be able to make sure that the subsequent payments by borrowers are sustainable for borrowers. Forbearance is something that we built into the CARES Act, but not in any way for student loan borrowers. This is not without precedent. It is valuable to help student loan borrowers when, through no fault of their own, they are in an economic position of possible default. I will close, mindful of the great loss that we had over the weekend. I am mindful, prayerful, and thankful for the role model and friendship of our colleague, John Lewis, and how he fought for equity for all people and how he fought to lift up others. Mr. Speaker, I urge Members to support my amendment, and I yield back the balance of my time.
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