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And let us know what you think about the programs youre watching. Call us at 2026263400. Or email us at comments cspan. Org. Join the cspan conversation. Like us on facebook, follow us on twitter. The Senate BudgetCommittee Held a hearing recently on Student Loan Debt which, according to the Consumer FinancialProtection Bureau, is over 1 trillion. Lawmakers examined the impact of Student Loans on borrowers, career choice and the larger economy. Witnesses included the Consumer FinancialProtection Bureaus student ombudsman, a rece ....
Witnesses today. Theres a lot of attendance today. Obviously a discussion that many people are interested in. We do have a series of four votes beginning in a halfhour so im going to be very strict with the time clock today in allowing five minutes to each senator and well be calling on people in order of arrival. So with that, ms. Jones, i wanted to start with you and thank you for sharing your story and being here today to testify. Your story actually really resonates with me. All of my brothers and sisters and i went to college on pell grants and Student Loans to finance our education and i taught Young Children early on in my career which is actually what got me into politic to pe begin with. But the financial burden of Student Loan Debt is considerably more than when i graduated. So i share your understanding and ....
Programs. Rising income inequality has been associated with more federal Student FinancialAid Assistance and i dont think that is coincidental. In my written testimony i shall concerns about several Administration Initiatives including the College Rating system and gainful employment regulations but i want to briefly comment on the proposal of senator warren to lower Interest Rates on loans to pass borrowers. I think this is a bad idea for several reasons. Beginning with the fact that it does utterly nothing to address College Tuition inflation. Conscientious payers and debt obligations end up getting punished relative to nonpayers who get ....