OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Student Debt

Issue Position

Date: Jan. 1, 2018
Issues: Finance and Banking Higher Education

The average student debt burden in Maine is $29,644, one of the highest in the nation. Student loan debt is a drag on our economy, our families, and individuals of all ages that we can no longer afford to ignore.

Borrowers can experience confusing, sometimes misleading guidance from the companies servicing their loans. That is why I have worked hard during the 128th Legislature to secure passage of the Student Loan Bill of Rights (LD 1507). Our state has a strong interest in protecting consumers from practices that are flat out unfair.

I support efforts to offer loan forgiveness for those engaged in STEM careers and those who will stay and work in Maine. I will work to reduce the cost of higher education and make it accessible to more Maine people.


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