https://t.co/UvQnhj2K52
We are headed into a student loan apocalypse.
The default rate for 2004 students is 40%. But that class was borrowing less than 1/3 what is being borrowed today.
Today, only around 20% are paying. Many other metrics bear that out.
We request urgently that you use your @SenJudiciaryGOP committee to both return bankruptcy rights to student loans, and claw $ back from the colleges in the event of discharges.
Much depends on your action on this.
@realLizUSA
https://t.co/Yk70ytdJQL
The vast majority of the federal loan portfolio is interest, created out of thin air.
It can and WILL return to that place.
Learn about it.
https://t.co/JzRvWteC9U
Hey @MattGaetz: You know the importance of returning bankruptcy rights to student loans and that is commendable.
But what are you and @Jim_Jordan doing about it on the @JudiciaryGOP doing about it?
We need to see results.
https://t.co/Yk70ytdJQL
Judiciary Chairman @DickDurbin and @TheDemocrats have a longstanding promise to return bankruptcy rights to student loans.
Last session, when they had the power, they chose not to.
This session, we have yet to even see a bill.
Not good for the Democrats.
Very Not Good.
The people of Ohio being wrecked by weaponized federal student loan debt.
Nearly $4B/year being sucked out of the state and sent to DC every year in INTEREST.
What are you doing to return standard bankruptcy protections to this unconstitutional debt, Congressman?
@PlainDealer
ps. If that's true, than why don't you do the efficient thing, and simply approve ALL undue hardship claims as a matter of policy?
Let these predatory, unconstitutional loans be treated the same as all other loans in bankruptcy court!
Don't be fooled by all the misleading headlines coming out right now about bankruptcy and #studentloans.
It is misinformation. It is a campaign.
Don't be sucked in by it.
See the article below.
Stop it, Ro.
@TheDemocrats have a LONGSTANDING PROMISE to return bankruptcy rights to student loans. They/YOU VICIOUSLY BETRAYED us last session.
The article you point to is blatant misinformation. Shame on you for promoting it.
The Truth:
https://t.co/zn8ZN80Q29
https://t.co/2jBWIrC5Dh
"President Biden should scrap this new process, and order the Departments of Education/Justice to simply stop opposing federal student loan borrowers in adversarial proceedings. 'Undue Hardship' is sufficiently vague and ambiguous to justify this action."
.@JoeBiden deserves more credit than any living, serving politician for the student loan scam.
This is a character test.
Will he continue to twist this knife in our back?
Or will he acknowledge/correct his mistake?
So far, he is failing the test.
https://t.co/bdZiYGY9Yi
The @GOP absolutely CANNOT WIN statewide races in places like Georgia, Michigan, Nevada, and other states where STUDENT LOAN DEBT exceeds the state budget.
This was true in 2020.
It's even MORE TRUE NOW.
WAKE UP @RealDonaldTrump@realLizUSA
https://t.co/W5YH5YWyTE
I asked you a question, @RepDrewFerguson
WHAT IS YOUR PLAN FOR STUDENT LOANS?
Or do you HAVE NO PLAN?!
Turn in your conservative card. You fight for the colleges, the lenders, and the Dept. of Ed.
You Fake.
@AJCGaPolitics
https://t.co/Yk70ytdJQL
Look at what @VirginiaFoxx has done to North Carolina.
NOT CONSERVATIVE.
This is the Dept of Ed wrecking the state, and the colleges getting rich from it.
WAKE UP to Rep. Foxx's scam, @NCGOP.
She is poison to the state and party.
@theobserver