One Wisconsin Now
Press Release

Gov. Scott Walker Offers Recycled Advice Instead of Solutions For Wisconsin’s Growing Student Loan Debt Crisis in State of the State Speech

Add No Help for Student Loan Borrowers to Growing List of Walker Failures

By - Jan 10th, 2017 03:31 pm
Gov. Scott Walker. Photo from the State of Wisconsin.

Gov. Scott Walker. Photo from the State of Wisconsin.

MADISON, Wis. — Gov. Scott Walker delivered his 2017 state of the state speech today and among the topics he touched on was student loan debt. But instead of previewing a new policy solution to the crisis, Walker repeated stale talking points and essentially told borrowers to, “call a bank.”

On Gov. Scott Walker’s watch, Wisconsin is in the top five in the nation for the percentage of graduates with student loan debt. According to statistics from the federal government, there are nearly one million Wisconsin borrowers with over $19 billion in federal student loan debt alone.

According to research, the student loan debt burden is harming borrowers economic prospects and hindering the state economy, reducing new car purchasing, rates of homeownership and entrepreneurism.

Common sense legislation has been introduced at the state and federal level for several years to help borrowers refinance their student loans, but Gov. Walker has joined with legislative Republicans in Wisconsin and in Washington D.C. in blocking action on the measures.

The following are the comments of One Wisconsin Now Executive Director Scot Ross:

“Add no help for student loan borrowers to the growing list of failures of Gov. Walker and his administration.

“Wisconsin ranks in the top five in the nation for percentage of college graduates with student loan debt and the best Gov. Walker can muster is telling borrowers to call a bank.

“Gov. Walker and the Republican legislature cut funding for higher education by record amounts, cut financial aid for eligible students and hiked tuition by double digits. That’s how, on his watch, more and more Wisconsinites are finding themselves with more and more student loan debt.

“Adding insult to injury, he’s spent four years opposing a common sense plan that would actually help borrowers refinance their student loans, at no net cost to taxpayers.

“Borrowers have done the right thing, they worked hard to get an education and they took on the personal responsibility to pay for it. They’re not being treated fairly by the system and they’re not being dealt with honestly by Gov. Walker.

One Wisconsin Now is a statewide communications network specializing in effective earned media and online organizing to advance progressive leadership and values.

Press Releases by One Wisconsin Now

One Wisconsin Now

One Wisconsin Now Statements on the Inauguration of Donald Trump

“It is up to us to stand up to discrimination.”

One Wisconsin Now

Why Would Gov. Walker’s Campaign Chair Host Fundraiser for Walker Recall Petition Signer John Humphries? Follow the Money.

Right-Wing Kingpin Who Spent Over $100 Million to Fight For More Public Funding For Less Accountable Private Voucher Program Makes a Deal in Public School Superintendent Race

One Wisconsin Now

Support for Betsy DeVos as Federal Education Secretary Another Lesson About John Humphries’ Priorities

We’re Learning the Only Thing You Can Trust is That Humphries Will Put His Political Ambition Before Best Interests of Wisconsin Schools and Kids

One Wisconsin Now

One Wisconsin Now Calls for Walker, Ryan to Condemn Trump Attack on Hero John Lewis

Republicans ‘Must Immediately Condemn Loathsome Comments Made by President-Elect’

One Wisconsin Now

Gov. Walker Solution to Student Loan Debt Crisis He Helped Create: ‘Call a Bank’

One Million Wisconsin Student Loan Borrowers Deserve Better from Governor

One Wisconsin Now

State of the State 2017: Scott Walker is a Failed Governor

By Any Measure — Job Creation, Quality of Life, Student Debt, Basic Competence — Walker Administration is a Failure

See More Releases

Leave a Reply

Your email address will not be published. Required fields are marked *