Sen. Warner Meets with Virginians Struggling with Student Loans - 8NEWS - WRIC | News Where You Live

Sen. Warner Meets with Virginians Struggling with Student Loans

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RICHMOND (WRIC) - Thousands of Virginians are struggling to pay off student loans and without some kind of help, their struggles could affect us all.

Senator Warner is touring the state talking with people affected the most by their student loans. He says their debt doesn't just affect them, but could lead to bigger economic problems for everyone.
"I think it has economic impacts that we haven't fully thought through," Warner says.

Some people, like Cara Cederbaum, have been out of college for years, but can't get ahead on their bills.  

"I feel like we are stuck in a limbo of repaying rather than saving," she says.

As the former students laid out their issues, Warner responded with his bi-partisan plan to help fix it. His ideas include combining more college classes with high school ones so credit counts earlier, lay out the cost and length of college before going and for those currently in debt, plans to refinance loans at a lower rate and paying based on your income.

In addition, Warner feels not everyone has to go to school to do what they want to do.

"There's a lot more jobs available than there are in some of the traditional four-year degrees," he says.

Those that attended know this can't be fixed overnight, but they're hopeful for eventual relief.

"I think it makes me feel better to know that our voice and opinions are being heard."

"I don't pretend to have all of the answers but I want to take some of the things I heard today  and see if I can refine some of these ideas."

The Senator says that this shouldn't be a partisan issue and that he has bi-partisan support for his legislation. He feels this issue isn't being talked about enough at the state and local levels and hopes that conversation changes soon.

Copyright 2014 by Young Broadcasting of Richmond

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