March 22, 2013

Statement on H.R. 1330, the Student Loan Fairness Act

CONTACT:
Ori Korin, (202) 822-2127 x126
okorin@americanrightsatwork.org

Washington, D.C. – Following the introduction yesterday of the Student Loan Fairness Act by U.S. Representative Karen Bass, Jobs with Justice and American Rights at Work Executive Director Sarita Gupta issued the following statement:

“The Student Loan Fairness Act is exactly what the doctor ordered, both for the millions of students struggling to pay their loans, and for the economy that is relying on them to jumpstart their careers and participate in the economic recovery.

“We applaud Representative Bass for standing with students to come up with a fair solution to this crisis by forgiving debt, reducing loan repayment burdens, and cutting fees and interest rates. Utilizing the bill’s ‘10-10’ standard for income-based repayment plans, we can reward graduates who enter public service professions and begin to break the cycle of a lifetime of debt burdens.

“Student loan debt affects so many Americans, regardless of their gender, race, geography or political affiliation. In that spirit, I hope Representative Bass’s colleagues from both sides of the aisle will sign on to support this critical piece of legislation, so we can begin the process of solving this country’s student debt crisis.”

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Resources:

The Student Loan Fairness Act

 

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