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
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
U.S. Senators Tammy Baldwin and Lisa Murkowski’s Bipartisan Legislation to Improve Access to Maternity Care in Rural and Underserved Areas Passes SenateDec 7th, 2018 by U.S. Sen. Tammy Baldwin
The legislation will help ensure women have better access to timely, high quality maternity care by identifying provider shortage areas in rural and underserved communities
U.S. Senator Tammy Baldwin Announces Over $51 Million to Rebuild and Improve Rural Water Infrastructure in WisconsinDec 4th, 2018 by U.S. Sen. Tammy Baldwin
USDA funds will be used to improve access to clean, reliable water and waste disposal systems for homes and businesses in Wisconsin rural communities