|Assembly Higher Education|
Democratic Research Aide: Keith White
Group - A
Assembly Dems Bill Forgiving Student Loan Debt in Event of Borrower’s Death or Permanent Disability Heads to Governor’s Desk
Mazzeo, Zwicker, Jasey, Vainieri Huttle, Schaer, Jones, Eustace, Land, Gusciora, Andrzejczak, Downey, Houghtaling & Mukherji Bill would Eliminate Student Loan Debt in the Event of Death or Permanent DisabilityThe Senate granted final legislative approval Thursday to a bill that would forgive certain student loan debt in the event of a borrower's death or total permanent disability, a measure sponsored by Assembly Democrats Vince Mazzeo, Andrew Zwicker, Mila Jasey, Valerie Vainieri Huttle, Gary Schaer, Patricia Jones, Tim Eustace, Bruce Land, Reed Gusciora, Bob Andrzejczak, Joann Downey, Eric Houghtaling and Raj Mukherji.
"Imagine you're a family who always pays their bills, has good credit and then you lose a child and in the midst of your grief, you're saddled with tens, if not hundreds, of thousands of dollars in their remaining student loan debt," said Mazzeo (D-Atlantic). "That's just something we can't allow to happen on our watch."
Zwicker, Benson, Schaer & Holley Legislation Urging Congress to Ensure Students Access to Debt-Free Higher Education Clears AssemblyLegislation Assembly Democrats Andrew Zwicker, Daniel Benson, Gary Schaer and Jamel Holley sponsored urging Congress and the President of the United States to enact legislation ensuring students have access to debt-free higher education at public colleges and universities gained approval from the General Assembly on Thursday.
"A college education is one of the most valuable investments a family can make, but it has never been more difficult for families to afford the dream of a college education, as the cost has grown exponentially in decades," said Zwicker (D-Hunterdon/Mercer/Middlesex/Somerset). "As a result, an increasing number of young Americans, including many from New Jersey, have been forced to assume significant student loan debt to afford the cost of higher education."
Sumter, Jasey, Muoio & Benson Introduce HESAA Reform Bill PackageBills Would Impose New Regulations that will Better Prepare and Protect Families Planning for College from Taking on Unmanageable Student Loan Debt
Assembly Democrats Shavonda Sumter, Mila Jasey, Elizabeth Muoio and Daniel Benson have recently introduced a legislative package that would make comprehensive reforms within the Higher Education Student Assistance Authority (HESAA) in an effort to combat student loan debt in New Jersey.
"The only concern a college student should have after graduating is choosing which job will lead them closer to their goals," said Sumter (D-Bergen, Passaic). "It has become the norm for families and students to take on an overwhelming amount of debt to pursue educational goals. This legislation package will reassess how we distribute state loans and inform families of their options when planning for college."