Helping families with student loan debt – Senator Tim Kaine

Too many families in Virginia are weighed down by massive student loan debt. That’s why this month I’ve introduced two bills that will help alleviate this burden.

The first is the Empowering Students Through Enhanced Financial Counseling Act, a bipartisan bill I’ve introduced in past years that makes it easier for students and families to access financial counseling. This simple but important change can make a real difference for families when they decide how to pay for college tuition.

The second bill would fix a glitch in the Public Service Student Loan Forgiveness program, which helps those in public service to discharge their student loan debt. This glitch can leave teachers, social workers, and other public servants with massive loan balances they thought would be forgiven after years of payments. There is no reason why we shouldn’t fix confusion around a provision in the program that could leave Virginians shouldering the crushing weight of student loan debt after we promised them a fair trade for their time and commitment.