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College should not be a debt sentence

I am outraged by the Supreme Court's decision to deny student loan relief.

Once again, this corrupted Supreme Court has shamelessly abandoned working families, choosing to cater to the interests of the obscenely wealthy. It is an utter disgrace.

For decades, we've lauded education as a pathway to prosperity — as it should be. But year after year it becomes more challenging for students to continue their education or pay it off. In America, the exorbitant costs of education and predatory lenders have created a system that disproportionately burdens lower-income students, perpetuating a cycle of inequality.

This is a step backward for America and the millions of hardworking individuals burdened by student loan debt. But, President Biden's initiative was just one avenue to provide relief, we can still do more. I will support legislation that will:

  • Provide immediate relief for existing debt through loan forgiveness, refinancing options, and the reduction of interest rates;
  • Increase funding for public schools to ensure affordable tuition, and expanding financial aid programs; and
  • Regulate loan servicers and lenders to end exploitative practices and protect borrowers.

If you're with me in this fight, consider making a contribution to my re-election campaign. Together, we can achieve comprehensive reforms to address the root causes of the student loan crisis, including tuition fees, predatory lending practices, and a lack of accessible options for students. And together, we can restore integrity and honor to a broken Supreme Court.

Yours in the fight,

Jim

Posted on July 1, 2023.

Meet Jim

Jim McGovern represents the 2nd District of the Commonwealth of Massachusetts. He has earned a national reputation as a tireless advocate for his district and as a champion for food security, human rights, campaign finance reform, social justice and peace.

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