The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.
“STUDENT LOANS” mentioning Mitch McConnell was published in the Senate section on page S4708 on June 23.
Of the 100 senators in 117th Congress, 24 percent were women, and 76 percent were men, according to the Biographical Directory of the United States Congress.
Senators' salaries are historically higher than the median US income.
The publication is reproduced in full below:
STUDENT LOANS
Mr. SCHUMER. Madam President, one final matter: student loans. Today, I have joined Senator Warren and a number of my House and Senate colleagues to urge the Biden administration to extend the pause on payments and interest for the vast majority of Federal student loans.
For millions of student borrowers, one of the most difficult challenges is balancing their debt with their dreams of starting a career, starting a family, and buying a home. When the pandemic hit, these challenges were magnified a hundredfold. Job opportunities disappeared, and our economy came to a halt. The pause on student loan repayment during the pandemic was a life-altering policy that allowed tens of millions of young people to escape financial ruin.
Right now, the current pause on repayment of student debt is set to expire on September 30. I believe that is too soon. Our economy is still recovering. Americans are still pulling themselves up and dusting themselves off after one of the greatest economic crises in our history. The October 1 expiration date could risk putting millions of student loan borrowers back into financial hardship.
Very simply, I am urging the Biden administration to extend the pause on student loan repayment by another 6 months, until March 2022. Even as the economy recovers, young people, borrowers with a load of debt, will struggle more than most to get back on their feet. Why not give them a little more breathing room?
I urge the Biden administration to extend the pause, and I will continue working with Senator Warren on ways to provide even more comprehensive, life-changing student loan forgiveness--a policy, I believe, that will expand opportunity for millions, millions of young Americans.
I yield the floor.
I suggest the absence of a quorum.
The ACTING PRESIDENT pro tempore. The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. McCONNELL. Madam President, I ask unanimous consent that the order for the quorum call be rescinded.
The ACTING PRESIDENT pro tempore. Without objection, it is so ordered.
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