Requesting Cosponsors To Discharge Student Debt through Bankruptcy: H.R.449 - 114th Congress (2015-2016)
Public Comments (3,681)
-
Apr 1st, 2016Someone from Warsaw, IN signed.
Apr 1st, 2016Someone from Lakeside Marblehead, OH writes:
Please support this bill. We need consumer protection laws, many of us are stuck in a situation with no light at the end of the tunnel. Restore our faith in government. Thank you!Apr 1st, 2016Someone from Indianapolis, IN signed.
Apr 1st, 2016Someone from Lees Summit, MO signed.
Apr 1st, 2016Someone from New Windsor, NY signed.
Apr 1st, 2016Someone from West Monroe, LA signed.
Mar 28th, 2016Someone from Lafayette, IN signed.
Mar 24th, 2016Someone from Denver, CO writes:
This is the worst aspect of my life. At 57 years old, I have absolutely no way of paying back $190,000. I am completely enslaved by student loan debt and have absolutely no way out except death. Please do something about the bankruptcy law that would help millions of people return to LIFE. Even as an educator forgiveness is only $5000, and that's considered taxable income. There has to be a better way please please do something please pass these bills!REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 24th, 2016Someone from Lakeside Marblehead, OH writes:
Please restore bankruptcy protection AND standard consumer protection laws for all holders of student loans. Our lives are crippled and our economy. We cannot purchase consumer goods, which hurts everyone.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 24th, 2016Someone from Ringgold, GA writes:
I continue to be buried and held down by terrible lending practices and debt. I hope and wish that order is restored to those who's lost their future or will so. Please support this effort to bring back balance and honor to our country.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 16th, 2016Someone from Syracuse, NY signed.
Mar 15th, 2016Someone from New Brunswick, NJ signed.
Mar 12th, 2016Someone from Charlotte, NC writes:
These protections should have never been removed. This is totally unconstitutional.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 12th, 2016Someone from Saint Louis, MO signed.
Mar 11th, 2016Someone from Rancho Palos Verdes, CA writes:
These loans have been repaid many times by each of the students past and present, and should be forgiven.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 11th, 2016Someone from Hartland, WI signed.
Mar 11th, 2016Someone from Fort Myers, FL signed.
Mar 11th, 2016Someone from Austin, TX signed.
Mar 11th, 2016Someone from Tampa, FL signed.
Mar 11th, 2016Someone from Kent, WA writes:
When bankruptcy protection was removed from student loans the argument was that 'they'd all just declare bankruptcy and then destroy the loan system" Evidence shows that most students with loan debt will not want to declare bankruptcy because of the bad effects it will have on their credit and the great delays it will cause to starting their life with a new home and vehicle. But as a result of removing bankruptcy protection, the federal loan program is earning huge amounts of interest and penalties on the backs of students who aren't able to find jobs upon graduation, or who perhaps did not even make it to graduation. Meanwhile, tuition has been skyrocketing - partly aided by the fact that loans are so freely available. Young students in their late teens and early twenties can sign off on gigantic loans, and financial aid departments make little effort to inform them of how high their monthly payments will be, and the fact that choosing a lower payment can easily lead to a situation whereby the loan is NEVER dischargeable because the minimum payment, already the size of their monthly rent perhaps, only covers the interest. If the borrower encounters obstacles in life such as an economic recession (no job or low paid job), a catastrophic illness or accident, or any other setback causing a delay in making their loan payments, the loan size can easily double, triple, and quadruple in as little as ten years so that something that seemed do-able initially is no longer possible ever within their lifetime. Banks and collection agencies and the federal government thus have an endless stream of profit off of interest and penalties and collection costs. Slow or defaulted loans are sold and resold at ever higher interest rates and always with penalties tacked on. The result is that there are millions of us (myself included) with an insane amount of debt that can never, ever be discharged. Some of us are nearing retirement age but knowing that Social Security benefits can be garnished to pay student loans is appallingly discouraging. Because of health and employment setbacks in my own career, and original loan amount of $16,000 from 1986 is now at $99,000 and rising. I am 56. I will never own a home or a decent car. I have never defaulted but I have had many interruptions in paying the loan because I could barely pay for minimal living expenses. For someone in my situation, politicians offering lower interest or free tuition does nothing. I need the return of personal bankruptcy protection to this student loan.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 10th, 2016Someone from Holland, MI signed.
Mar 10th, 2016Someone from Warsaw, IN writes:
My school closed before I could finish my degree. Because I dropped out when they announced the closing and not when they actually closed, I cannot get forgiveness. Now that I have a good enough job to pay on the $30000 I borrowed, I still can't afford it because it is now $60000.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 10th, 2016Someone from Bustins Island, ME signed.
Mar 10th, 2016Someone from Hales Corners, WI signed.
Mar 10th, 2016Someone from Lowell, MA signed.
Mar 10th, 2016Someone from Kirkland, WA writes:
As a 46 year old RN, BSN I help people recover from injuries and diseases. I help those suffering with cancer from the side effects of chemo. I grieve with patients and families when news is bad. I share joy and hope when news is good. While caring for others, I live everyday knowing that if I myself get temporarily sick or injured and am unable to work I will not be able to pay my private student loan payments. I changed careers at the age of 40 to become a nurse to help others. I'm still hoping it was worth the sacrifice. Please pass this bill and help me continue to help others.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 10th, 2016Someone from Barstow, CA signed.
Mar 10th, 2016Someone from Cincinnati, OH signed.
Mar 10th, 2016Someone from Dunkirk, NY signed.
Mar 10th, 2016Someone from Palatine, IL writes:
Diabetes for 40 years, getting sicker. Live in subsidized apartment and in a matter of time, going to get evicted due to defaulted student loans.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 10th, 2016Someone from White Hall, IL signed.
Mar 10th, 2016Someone from Walnut Creek, CA writes:
Catastrophic illness in 2008. 175k in medical bills, Lost work. No bankruptcy protections for burdensome student loans? Not fair.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 10th, 2016Someone from Oil City, PA signed.
Mar 10th, 2016Someone from Reston, VA writes:
We just want a fair way to pay for our education to better ourselves and be productive members of society.REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, CancelMar 10th, 2016Someone from Kirkland, WA signed.
Mar 10th, 2016Someone from Augusta, GA signed.
Mar 10th, 2016Someone from Costa Mesa, CA signed.
Mar 10th, 2016Someone from Seaside, CA signed.
Mar 8th, 2016Someone from San Antonio, TX signed.
Mar 4th, 2016Someone from Red Creek, NY writes:
Restore our constitutional right to bankruptcy and return the student loan program to its original purpose to help students get a college education - not enrich the student loan corporations' shareholders and executives!REPORT COMMENTS
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.
No, Cancel
Do you want to report these comments to the moderator for removal? They should be offensive, threatening, a duplicate submission, or spam.