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    This page contains bill sponsorships in the Senate and House. Bill sponsorships indicate the topics that legislators are most interested in, and spend the most time on.

13-H1330 on Mar 21, 2013

Bill Sponsorship: Student Loan Fairness Act
Source: H.R.1330
Congressional Summary:Student Loan Fairness Act:
  • Establishes a 10/10 Loan Forgiveness Program that provides forgiveness to borrowers who, have made 120 monthly payments in the previous 10 years.
  • Caps the amount of loan forgiveness that the program will provide to individuals, and caps the interest rate on new loans at 3.4%.
  • Includes primary care physicians in medically underserved areas in the public service employee loan forgiveness program.

Opponent's argument against bill: (Blog post on voices.yahoo.com, "Why I'm Against the Student Loan Fairness Act"): The two key points to this bill are:

  1. The 10-10 plan: Where an individual would be required to make ten years of payments at 10% of their discretionary income, after which their remaining federal student loan debt would be forgiven.
  2. Cap federal interest rates at 3.4% and allowing existing borrowers whose educational loan debt exceeds their income to convert their private loan debt into federal Direct Loans.
      Sounds enticing enough. They make a convincing argument that convinced over 200,000 people to sign their petition, many of whom shared their personal stories of student debt and how this act would change their lives. I disagree with all of them.
    • First, there is already student loan forgiveness act that erases your loans after 20 years. It is called Health Care and Education Reconciliation Act.
    • Many people who signed the petition argued that the government bailed out the banks, so why not us? The main difference [with TARP is that] most banks paid back the loans from TARP [while student loan forgiveness will make] $1 trillion magically disappear.
    • If the average college graduate is 22 years old, then we are talking about being debt free by 32. That is a risk I see many young college students willing to take.

      Participating counts on VoteMatch question 7. Question 7: Vouchers for school choice Scores: -2=Strongly oppose; -1=Oppose; 0=neutral; 1=Support; 2=Strongly support.
    • Topic: Education
    • Headline: Sponsored 10/10 Loan Forgiveness: cancel college loans after 10 years (Score: -1)
    • Headline 2: 10/10 Loan Forgiveness: cancel college loans after 10 years (Score: -1)

      Participating counts on AmericansElect question 6.
    • Headline: Sponsored 10/10 Loan Forgiveness: cancel college loans after 10 years (Answer: C)
    • Headline 2: 10/10 Loan Forgiveness: cancel college loans after 10 years (Answer: C)
    • AmericansElect Quiz Question 6 on Education: When you think about education in the US, which of the following is closest to your opinion?
      • A: School curriculums should be set entirely at a local school board level
      • B: School curriculums should be set more by local school boards than at a national level
      • C: School curriculums should be set more by national standards than at a local level
      • D: School curriculums should be set entirely at a national standardized level
      • E: Unsure

    • Key for participation codes:
    • Sponsorships: p=sponsored; o=co-sponsored; s=signed
    • Memberships: c=chair; m=member; e=endorsed; f=profiled; s=scored
    • Resolutions: i=introduced; w=wrote; a=adopted
    • Cases: w=wrote; j=joined; d=dissented; c=concurred
    • Surveys: '+' supports; '-' opposes.

    Democrats participating in 13-H1330

    Karen Bass s2pCalifornia DemocratMar 21, 2013
    Joyce Beatty s1oOhio DemocratApr 23, 2013
    Sanford Bishop s1oGeorgia DemocratMar 21, 2013
    Corrine Brown s1oFlorida DemocratMar 21, 2013
    Julia Brownley s1oCalifornia DemocratMar 21, 2013
    Kathy Castor s1oFlorida DemocratMar 25, 2013
    Yvette Clarke s1oNew York DemocratMar 21, 2013
    William Lacy Clay s1oMissouri DemocratMar 21, 2013
    Emmanuel Cleaver s1oMissouri DemocratMar 21, 2013
    James Clyburn s1oSouth Carolina DemocratMar 21, 2013
    Steve Cohen s1oTennessee DemocratMar 25, 2013
    John Conyers s1oMichigan DemocratMar 21, 2013
    Danny Davis s1oIllinois DemocratMar 21, 2013
    Diana DeGette s1oColorado DemocratJun 25, 2013
    Ted Deutch s1oFlorida DemocratJun 5, 2013
    Donna Edwards s1oMaryland Democrat (retiring 2016)Mar 21, 2013
    Keith Ellison s1oMinnesota DemocratMar 21, 2013
    Marcia Fudge s1oOhio DemocratMar 21, 2013
    Al Green s1oTexas DemocratMar 21, 2013
    Gene Green s1oTexas DemocratMar 21, 2013
    Alcee Hastings s1oFlorida DemocratMar 21, 2013
    Ruben Hinojosa s1oTexas DemocratMar 21, 2013
    Mike Honda s1oCalifornia DemocratApr 23, 2013
    Sheila Jackson Lee s1oTexas DemocratMar 21, 2013
    Hakeem Jeffries s1oNew York DemocratMar 21, 2013
    Hank Johnson s1oGeorgia DemocratMar 21, 2013
    Robin Kelly s1oIllinois DemocratApr 30, 2013
    Barbara Lee s1oCalifornia DemocratMar 21, 2013
    John Lewis s1oGeorgia DemocratMar 21, 2013
    Zoe Lofgren s1oCalifornia DemocratMar 21, 2013
    Alan Lowenthal s1oCalifornia DemocratApr 26, 2013
    Michelle Lujan-Grisham s1oNew Mexico DemocratApr 9, 2013
    Steve Lynch s1oMassachusetts Democrat (Senate run 2013)Apr 9, 2013
    Gloria Negrete McLeod s1oCalifornia Democrat (County run 2014)Apr 9, 2013
    Gregory Meeks s1oNew York Dem./Working-FamiliesMar 25, 2013
    Gwen Moore s1oWisconsin DemocratMar 21, 2013
    Eleanor Holmes Norton s1oDistrict of Columbia DemocratMar 21, 2013
    Donald Payne Jr. s1oNew Jersey DemocratMar 21, 2013
    Charles Rangel s1oNew York Dem./Lib. (retiring 2016)Mar 21, 2013
    Cedric Richmond s1oLouisiana DemocratMar 21, 2013
    Bobby Rush s1oIllinois DemocratApr 23, 2013
    Tim Ryan s1oOhio DemocratMar 21, 2013
    Gregorio Sablan s1oMarianas DemocratMar 21, 2013
    Jan Schakowsky s1oIllinois DemocratApr 26, 2013
    Adam Schiff s1oCalifornia DemocratMar 21, 2013
    Bobby Scott s1oVirginia DemocratMar 21, 2013
    Mark Takano s1oCalifornia DemocratMar 25, 2013
    Juan Vargas s1oCalifornia DemocratApr 15, 2013
    Mel Watt s1oNorth Carolina Democrat (appointed to FHFA)Mar 21, 2013
    Frederica Wilson s1oFlorida DemocratMar 21, 2013

    Republicans participating in 13-H1330

    Independents participating in 13-H1330

    Madeleine Bordallo s1oGuam DelegateMar 21, 2013
    Donna Christensen s1oVirgin Islands Governor candidate 2014Mar 21, 2013

    Total recorded by OnTheIssues:

    Democrats: 50
    Republicans: 0
    Independents: 2

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