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Sen. Durbin Wants Bankruptcy Reform for Student Loan Borrowers

Illinois' Senior Senator is working with Illinois Attorney General Kwame Raoul to pass bankruptcy reform for student loan borrowers. U.S. Senate Majority Whip Dick Durbin, Chair of the Senate Judiciary Committee, says student loan borrowers' range in ages.

 

 

Senator Durbin added that student loan bankruptcy is often the last resort for students misled by for-profit schools that "fail to provide an adequate education." At the end of 2020, student loan debt topped $1.7 trillion.

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