One Wisconsin Now
Press Release

Gov. Walker to 1 Million Wisconsin Student Loan Borrowers: ‘Call a Bank’

At Press Conference Wisconsin Governor Announces He Plans to Do Nothing to Ease Student Loan Debt Crisis

By - Sep 27th, 2016 10:26 am
Money and Student Debt. Image by Paul Ritz.

Money and Student Debt. Image by Paul Ritz.

MADISON, Wis. — On Gov. Scott Walker’s watch, Wisconsin has risen to third highest 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.

Today, the Governor held a press event at which he announced a website, the only public evidence of work being done by a much touted student loan ombudsman hired over 6 months ago, and advised borrowers to call banks about refinancing their student loans.

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

“Nearly one million Wisconsin student loan borrowers have over $19 billion in debt and the best Gov. Walker can manage is to hold a press conference announcing he is doing nothing and they should go talk to a bank or visit a website.

“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, Wisconsin has risen to third highest in the nation for percentage of college graduates with student loan debt.

“And they’ve 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 with his latest press stunt.”

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

Mentioned in This Press Release

Organizations:

Recent Press Releases by One Wisconsin Now

Trump Tax Plan Strips Student Loan Borrowers of Tax Deduction for Interest on Their Loans

43 Million Hard Working Student Loan Borrowers Deserve Better Than This

Fragile Snowflakes Kremer, Vos, Murphy & Harsdorf Want to Mandate Campus Safe Spaces Free of Republican Critics

In Midst of $19 Billion Wisconsin Student Loan Debt Crisis, Republicans Want to Require Students to Coddle Republicans

Schimel Sides With Trump University Over Student Loan Borrowers

Attorneys General From Across Nation Denounce Trump Administration Effort to Repeal Consumer Protections For Student Loan Borrowers ...But Not Brad Schimel

Leave a Reply

Your email address will not be published.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