Bernie Sanders

All bills targeting student debt fail this session

RICHMOND – Six out of 10 Virginia college students graduate with debt, owing an average of about $28,000 each. More than 1 million Virginia residents owe a combined $30 billion in college loans, state officials say.

Against that backdrop, college students and recent graduates had high hopes that the General Assembly would pass bills to help students refinance loans or increase oversight of lenders. But as the legislative session enters its final days, those hopes have been dashed.

Last week, SB 1053, which sought to establish a "Borrowers' Bill of Rights," died in a legislative committee. The bill, sponsored by Sen. Janet Howell, D-Fairfax, would have instituted a...

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