Gov. Walker Continues to neglect student loan debt crisis
Republican's inaction is doing lasting damage to Wisconsin's economy.
MADISON – For six years, Republicans have refused to meaningfully address the crisis of student loan debt in our state – and today’s press stunt has not changed that trend.
Instead of addressing the student loan debt crisis with a real plan, Gov. Scott Walker took the moment to promote the big banks that continue to profit off the backs of Wisconsin borrowers. Walker is complacent with the student debt everyday Wisconsinites face and is unwilling to support legislation that allows borrowers to refinance their student loans at a lower interest rate, just as an individual can do with a mortgage.
Republican’s inaction is doing lasting damage to Wisconsin’s economy. Instead of investing in local economies through buying homes and cars, and other big ticket items, too many Wisconsinites are burdened with massive student loan debt, and are being forced to choose between putting food on the table and paying monthly rent.
“We need Democratic leadership in Madison that will put the needs of Wisconsin’s borrowers first instead of big money interests. Democrats believe that earning a degree shouldn’t result in a lifetime of debt. No one should be punished for trying to get a good education and neither should our economy,” Laning concluded.