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Enact Loan Forgiveness for Defrauded Students

Floor Speech

Date: July 10, 2019
Location: Washington, DC
Issues: Higher Education

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Mrs. McBATH. Madam Speaker, today, I am proud to introduce the Relief for Defrauded Students Act. This bill would give students the opportunity for a quick and fair process for loan forgiveness against schools that defrauded them.

Borrowers defense is especially important to me after the closing of Argosy University's campus in my district this past March. The 1,500 students who were affected were left with incredible debts but no degree to show for it.

Students should focus on getting the quality education they were promised, not worrying about being saddled with large debts from schools that could not and did not deliver on their education promise.

I am proud to lead the Relief for Defrauded Students Act with my colleagues, Representatives Abby Finkenauer, Katie Porter, Cindy Axne, Mary Gay Scanlon, and Sharice Davids. Together, we will protect our students and hold these institutions accountable.

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