At the end of that, then I pick up whatever interest rate has accumulated while I was in school, and I take it from that day forward. What I think a lot of our colleagues don't understand, I can't make it just on that $3,500. I have to…
Joe Manchin
The Public Record
Joe Manchin is a United States Senator from West Virginia, serving since 2010. A member of the Democratic Party, he previously held the position of Governor of West Virginia from 2005 to 2010. Manchin is known for his centrist approach and has often positioned himself as a bridge between moderate Democrats and Republicans in the Senate. His legislative focus includes issues such as infrastructure, energy policy, and healthcare.
So when they say it is a Republican bill or a Democratic bill, that is erroneous. That is not fair. This is truly a bipartisan effort, and we are working with all of our colleagues in my caucus--and I know the Senator is in his caucus--to…
We agreed on that. We have agreed on a long-term fix, 10 years, rather than kicking it down the road another year, knowing another year will come and go and we are probably going to be standing here debating. That is the conclusion we have…
So we have all come to that agreement--Democrats and Republicans--no profit in debt reduction. It should go to lowering the rate.
Senator Boxer and I have introduced legislation, the Responsible Homeowner Refinancing Act, that would remove barriers to refinancing for borrowers with GSE mortgages.
They have shown great leadership in making sure that there is better funding, better support, better awareness here in Washington for the issues surrounding diabetes.
You cannot be sure the money is coming until just before you get it and it is for a short period of time.
Of the $1 trillion that Senator Crapo mentioned in student loan debt, only about 15 percent, but that is still $150 billion, is in the private student loan market.
If education is what has built this country, education has--this is the greatest country on Earth, how do we get there?
I think you are hearing from all of us that we believe that education being--and the facts are overwhelming that education adds to the value of not only the person, their well-being, their families, their communities, their State, and the…
Today I am proud to announce that my fellow Member of the Banking Committee Senator Heitkamp and I, along with Senators Durbin and Murray, are introducing legislation to create opportunities for borrowers to refinance their private student…
I hear from West Virginians across my State that the best teachers are retiring and that poorer districts are having a tough time bringing in young people to take their places.
Growing levels of student debt may have spillover effects that present particular risks for rural communities.
Now you know why we have a stalemate in Congress now, because we cannot even get the public to engage.
Do you believe public policy should be that profits should not be made on education loans of any kind, so if we can just kind of pay itself and break even?
I am talking--primary and secondary education were mandated by the Constitution and most every State to subsidize and pay for.
We are deeply concerned about consolidation. We think it is being driven by regulation.
I want to take this in a little different direction. You know, there is postcrisis research regarding community banks showing that public benefits provided in the crisis and in the recovery stages after the crisis actually minimized the…
And we have a progressive tax system here in this country, and it ought to remain progressive.
I think history probably is more compelling when it talks about making sure people have more money in their pockets.
I believe history has proven, back in the 1960s under President Kennedy, when he lowered taxes, that the economy took off and we had more revenues in this Federal Government.
The same was true in the 1980s under Ronald Reagan. When he cut taxes, we increased revenue.
I know that he is serious about cutting this cancer from the ranks of the military.





