03.09.18

Trump Administration Usurps State Law on Student Loans

Washington: Rep. Jared Polis, D-Colo., gave the following statement after the U.S. Dept. of Education usurped states by saying that federal student loan servicers do not have to comply with state law to protect students from predatory student loan lenders. 

“The Trump Administration is more worried about protecting fraudulent student loan companies than students themselves.  This is an attempt to take away a state’s right to protect students, giving student loan servicers free reign to scam them,” said Polis.  “At a time when the nation is drowning in student loan debt, we need to be on the side of those who are responsibly trying to climb out from under debt.”

Polis serves on the Committee on Education and the Workforce.  He is the top-Democrat on the Early Childhood, Elementary, and Secondary Education Subcommittee and a member of the Higher Education and Workforce Development Subcommittee.  Polis is the former chair of the Colorado State Board of Education, and the founder and former superintendent of The New America School - a network of charter schools in several states serving new immigrants and English-language learners - as well as the Academy for Urban Learning for homeless and at-risk youth. The district he represents includes Colorado State University, University of Colorado Boulder, and Front Range Community College.

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