Grassley requests panel study federal student debt while reissuing statement on student loans
Grassley opens up student learning issues to Senate Finance Committee
Dec. 10, 2017 – Sen. Chuck Grassley, R-Iowa, opened the Senate Finance Committee’s first hearing of the 111th Congress focused on educating students, their families and policymakers on how to best continue to grow student debt and educate America’s next generation of students.
“The consequences of accruing too much student debt can be serious,” said Grassley. “For those with student loans, the cost of repaying the debt can take a toll on personal finances and may compound other financial troubles. The costs of education also can vary widely across different states and different schools, even if they are the same school for the same degree or certificate.”
Grassley asked panelists how to help students who are overwhelmed by rising costs of higher education and who face struggling for degrees that can take years or even decades to earn. He specifically asked panelists if there are regional strategies to help students and families pay for higher education.