House Democratic Whip Kip Kendrick of Columbia today filed two separate bills addressing the issue of rapidly rising student debt. The bills include the Student Debt Relief Act (House Bill 621) and the Student Loan Bill of Rights (House Bill 620). The bills were filed a day after Republican Gov. Eric Greitens cut $83.8 million in funding for public higher education from Missouri’s fiscal year 2017 state budget.
“We’ve seen special-interest tax cuts make it all but impossible to fund our state’s critical needs and top priorities. Make no mistake, these budget cuts will ultimately mean higher tuition and increased student debt in Missouri,” Kendrick said. “The Missouri General Assembly has a moral and constitutional obligation to adequately fund higher education. Until that time, the very least we can do is offer students relief in paying back their student loans.”
Read the full January 17 press release.