U.S. Sen. Tammy Baldwin
Press Release

U.S. Senator Tammy Baldwin Meets with Students at UWM to Discuss New College Affordability Reform Legislation

Roundtable with students and graduates addressed student loan debt crisis and the In The Red Act

By - Mar 28th, 2016 03:23 pm

MILWAUKEE, WI – Today, U.S. Senator Tammy Baldwin met with students and graduates at University of Wisconsin-Milwaukee to discuss the student loan debt crisis and reform legislation she has introduced to make college more affordable. Earlier this month, Senator Baldwin officially introduced the In The Red Act, a major reform to address college affordability and put America on a path toward debt-free college.

“Higher education should be a path to prosperity, not a path into suffocating debt. But unfortunately, college costs and student loan debt are holding back an entire generation and creating a drag on economic growth for our country,” said Senator Tammy Baldwin. “The idea that the next generation will be able to go further and do better than the last one is the heart of the American dream. I will be taking the stories I heard today back with me to Washington, D.C. so we can press for action on the In The Red Act.

The In The Red Act will allow student loan borrowers to refinance outstanding debt at lower rates, increase Pell Grants to keep pace with rising costs and make a new investment in community college. Additionally, the legislation will support holding colleges accountable to ensure students graduate with high-value degrees and credentials. As a fiscally responsible approach to taking on the national student debt crisis, the In The Red Act is fully paid for and would make college more affordable by closing special interest tax loopholes.

More information on the In The Red Act college affordability reforms is available here.

More information on how the In The Red Act is fully paid for by closing tax loopholes is available here.

Mentioned in This Press Release

Recent Press Releases by U.S. Sen. Tammy Baldwin

Senators Baldwin, Markey, Menendez, Shaheen Call for Increased Federal Funding to Combat Opioid Epidemic

"We request that the FY2018 appropriations bill reflect the magnitude of this public health crisis by increasing federal investment in addressing opioid and all substance use disorders across HHS agencies."

Senator Baldwin Supports Legislation that Takes Action on Student Debt Crisis

Student loan debt has swelled to $1.4 trillion, surpassing total amount of credit card debt

Senator Baldwin and Representative Bera Lead Effort to Support Working Students

The Working Students Act will allow students that must work while in college to complete their degrees more quickly and with less debt

Leave a Reply

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